Seller: Navara
Buyer: Building Beyond Technology Group
Financer: Icelake Capital
Advisory sell side: Norbruis Clement Lawyers | Legal Advisory
Amstone Tax Lawyers | Tax Advisory
Advisory buy side: Houthoff | Legal Advisory
PWC Netherlands | Financial Due Diligence
Date announced: 15-05-2025

Building Beyond Technology Group (BBTG), the Amsterdam-based technology platform backed by IceLake Capital, has acquired Navara, a Driebergen-based company specializing in business software development, data analytics, and AI solutions. Navara serves clients across the energy, financial, and (semi-)government sectors.

The acquisition of Navara marks the first strategic step in BBTG’s buy-and-build growth strategy, launched after IceLake Capital’s investment in Rubicon, an IT services provider known for its Microsoft expertise and cloud-native solutions.

BBTG, led by CEO Arno Borger (formerly CEO of Rubicon), aims to consolidate expertise in agile development, secure cloud operations, and artificial intelligence innovation. The acquisition strengthens BBTG’s service offering and expands its footprint in both the public and private sectors.

About Navara

Navara develops tailored business applications and advanced data & AI solutions, with a focus on digital transformation in regulated and complex environments. The company is known for its technical and sector-specific expertise.

About BBTG

BBTG (Building Beyond Technology Group) is a technology investment platform formed by IceLake Capital. It integrates leading mid-sized IT service providers with a shared vision for innovation, customer-centricity, and rapid digital enablement.

About IceLake Capital

IceLake Capital is a Dutch investment firm focused on enabling ambitious growth trajectories through active support, sector expertise, and long-term capital. IceLake partners with management teams to build future-proof companies through strategic acquisitions and scaling.

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