QConferencing is an important supplier of conferencing solutions for the corporate market. The video communication company will now joins Interstellar to enable further growth in the collaboration market. Hogenhouck m&a advised the shareholders of QConferencing’s in this transaction.
Strong position in corporate market and healthcare
Qconferencing was founded in 2001 by Eckart Wintzen, an IT entrepreneur who invested his capital in ‘green’ projects. Wintzen was ahead of his time as he realised that we need to limit our footprint, for example by using video conferencing instead of travelling. In 2013, a new management team brought a new impulse to Qconferencing and the focus shifted to cloud video services. Qconferencing, based in Diemen, mainly provides services to the corporate market, with customers such as Engie, Flowtraders, FD Mediagroep, and KLM, and has a strong position in the healthcare sector (care & cure). The management team consisting of Pieter Peletier, Mans Lejeune, and Jesse van Straaten will continue to lead Qconferencing after the acquisition by Interstellar.
Extra growth due to corona pandemic
The video conferencing market has developed strongly in recent years due to the rise of cloud services and has been given an extra boost by the effects of the corona pandemic. The combination of software (Teams, Zoom, Webex, Pexip), meeting equipment, and the implementation and support services for video conferencing are of great added value for QConferencings’ customers.
Qconferencing General Manager Jesse van Straaten: “With the current strong growth of hybrid working, our knowledge and expertise accumulated over the last 20 years, is more relevant than ever. As part of the Interstellar group, we believe we can further accelerate our growth and offer both staff and customers more opportunities. Interstellar forms a great group of companies that reinforce each other in different areas, and we look forward to being part of this.”
A new specialty added to the Interstellar group
Interstellar is a group of generalist IT service providers and specialist IT companies. All companies are autonomous with their own identity, quality and specialisation. Together they form a strong collection to support the digital journey of SMEs today. Interstellar represents a total of more than 600 employees and a turnover of 140+ million euros.
In addition to Qconferencing, Microsoft Teams specialist AskRoger! also became part of Interstellar. CEO Maarten van Montfoort of Interstellar: “With the addition of AskRoger! and Qconferencing, we can offer our customers an excellent addition to the existing group and take a leading position in the digital collaboration domain in the Netherlands.”
Attractive future-oriented organization
The video conferencing market is growing exponentially. Qconferencing continues to operate independently within the group and wants to remain an attractive player for young talent. Qconferencing CEO Van Straaten and Ask Roger! CTO Patrick Scherbeijn see the need for organisations to offer job perspectives for high potential talents. “Skilled staff is a precondition for growth. Interesting talent programs for employee development are available within Interstellar. In addition, we can continue to challenge employees by having them gain experience at one of the other participations within Interstellar.”