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 BBTGโ€™s buy-and-build growth strategy, launched after IceLake Capitalโ€™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 BBTGโ€™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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