Investeringsmaatschappij Riverdam neemt samen met het management en werknemers Hightech ICT en Divverence over van oprichter Stefan van de Kuilen. Hogenhouck m&a begeleidde de oprichters van Hightech ICT en Divverence bij deze transactie.
Specialist in high-tech sectors
Founded in 2007 and 2015, Den Bosch-based Hightech ICT and Divverence are specialists in software development and consultancy, respectively. The companies target large and medium-sized companies in high-tech sectors such as digital video, supply chain, healthcare, technical automation and automotive. The companies operate as two independent labels, but are centrally organized as HTI Group.
Dutch companies leader in use of digital technologies
Investeringsmaatschappij Riverdam zet met de overname haar eerste stappen in de markt van maatwerk softwareontwikkeling. Manuel Leussink, co-founder en partner van Riverdam licht toe welke kansen zij zien: “De Nederlandse IT markt is de derde ‘Mainport’ van Nederland. Wij voorzien de komende jaren een verdere groeiversnelling door de verdere digitale transformatie waarin Nederlandse ondernemers ver boven het Europese gemiddelde scoren. De vraag naar maatwerk softwareontwikkeling neemt daarmee enorm toe.”
Software development market is highly fragmented
Despite this continued digital transformation, the Dutch landscape of custom software development is highly fragmented. Most players in the market are generic software developers with no clear vertical or solution focus. High-tech ICT and Divverence distinguish themselves in this market through a strong vertical focus, combined with specific domain knowledge and high-quality personnel.
Custom software for high-tech customer segments
Hightech ICT is an independent provider for (custom) software development and consultancy in digital video and supply chain and works for TomTom, SPS, ASML, Philips and other renowned companies. Founded in 2015, Divverence specializes in digital television and software solutions for Liberty Global, Telenet, Tele2, KPN and Vodafone, among others.
Director Edwin van Meeuwen of Hightech ICT on the acquisition: "With this capital injection and participation by management and employees, we as Hightech ICT and Divverence can strengthen our market position and accelerate growth. We want to help even more large and medium-sized companies in the Netherlands with advanced software solutions that give them a competitive advantage. We do not rule out further acquisitions in this regard".
Strong partner for continued growth
Maarten van der Heijden, Associate bij Hogenhouck m&a over deze transactie: “Als vierkoppig management team hebben Stefan van de Kuilen, Edwin van Meeuwen, Bart de Boer en Rob Janssen het bedrijf in de afgelopen jaren laten groeien tot hoogwaardige specialist op het gebied van software ontwikkeling. Deze transactie biedt Stefan als ‘founding father’ de gelegenheid om andere ambities na te jagen en geeft de Edwin, Bart en Rob een sterke partner om HTI in de komende jaren verder te laten groeien.”
