Target | SET Services |
Advisory sell side | De Breek F&O | M&A Advisory |
Buyer | Total Specific Hosting |
Advisory buy side | BDO | Tax Advisory BOLD. | Financial Due Diligence Vriman M&A Lawyers | Legal Advisory Corporate M&A |
Involved | Strikwerda Investments |
Date announced | 2022-04-22 |
Data Room provider | Virtual Vaults |
Story:
Total Specific Hosting (TSH), a group of specialist Dutch IT outsourcing companies, has acquired Dutch cloud service provider SET Services. TSH is a portfolio company of Strikwerda Investments, the leading investor in Dutch IT companies. SET has been around for 23 years and has grown into a leading company in the field of IT outsourcing in the Netherlands. With more than 30 employees, SET provides innovative cloud solutions to customers in the Dutch SME sector.
The acquisition enables SET to benefit from TSH's best practices and economies of scale, further accelerating the growth of SET's customers and employees.
Source MenA
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