Target: | OfficeGrip |
Seller | OfficeGrip shareholders |
Advisory sell side: | Hogenhouck m&a | M&A Advisory Amstone Tax Lawyers | Tax Advisory BarentsKrans | Legal Advisory Corporate M&A |
Buyer | Total Specific Hosting |
Advisory buy side: | Vriman M&A Lawyers | M&A Advisory BDO | Tax Advisory BOLD. | Financial Due Diligence |
Date announced: | 2021-08-02 |
Story:
Total Specific Hosting (TSH), a group of Dutch ICT outsourcing companies, has acquired a majority stake in OfficeGrip, a Dutch company specialized in Microsoft 365 cloud technology. By working together with TSH, OfficeGrip will obtain the opportunity to exercise a long-term buy-and-build strategy with the intent to also deliver SMEs with Microsoft 365 Cloud technology. For TSH, this is the seventh company to join the group since its inception in 2016.
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