Quistor, een gevestigd merk in de Oracle Cloud Technology en Managed Services industrie, kondigt aan dat het een definitieve samenwerkingsovereenkomst heeft bereikt met investeringsmaatschappij IceLake om de wereldwijde groei van het bedrijf verder te ondersteunen. Hogenhouck m&a adviseerde Quistor bij deze transactie.
New partnership accelerates global expansion
Quistor, founded in 2005, is known for its extensive experience with JD Edwards and Oracle Cloud technology. Quistor serves more than 250 clients worldwide and employs about 250 people with offices in the Netherlands, Spain, the Czech Republic, France, Mexico, the United Kingdom and the Philippines. Icelake's support is essential in Quistor's ambition to become the global leader for Oracle partner services.
Javier Prego Molina, CEO of Quistor said, "The partnership with IceLake allows us to create a leading IT platform that other Oracle partners can connect to and scale our business in new regions. It also allows us to further expand our product offerings and expertise to best serve our customers. It is also a great opportunity for Quistor to partner with IceLake, which has extensive experience in supporting management teams in their international growth strategies, and enables Quistor to roll out its strategy to become a global leader for Oracle partner services, including starting operations in new regions such as the United States, Scandinavia and the DACH region.
Further expansion of product and geographic footprint
IceLake is a private equity firm, based in Amsterdam, with experience in partnering with entrepreneurs and management teams to support their (international) growth ambitions.
Matteo Racca, partner at IceLake: "The market for Oracle products will grow significantly as companies move to cloud solutions. Quistor is a leading Oracle partner in Europe with distinct niche expertise and an advanced 24/7 managed services offering. The organization is particularly well positioned to help customers with their cloud migration and expand its services globally. We look forward to working with the Quistor management team and organization to realize their ambitions and support them in further expanding the group's product and geographic footprint."
Seamless collaboration
The Hogenhouck team that guided Quistor consisted of Victor Rosier, Daan Zonneveld and Bo van der Ven. Victor Rosier on Quistor: "At Quistor, Hogenhouck found experienced shareholders and a committed management team. Through this transaction the continuing shareholders and management team to accelerate their ambitious growth plans, while giving the departing shareholders room to focus on something new. This ambitious transaction could not have been accomplished without a growing and ultimately seamless partnership with the management team and shareholders, where trust and complementary knowledge were the cornerstones."
