SALE OF MAJORITY STAKE IN ODIN GROEP TO FORTINO CAPITAL

Odin Groep, a Netherlands-based IT services provider, has been acquired by Fortino Capital Partners.

Odin Groep is an independent IT service provider that consists of the companies Previder, Heutink ICT and Winvision. The Odin Groep specializes in IT solutions, cloud hosting, security, managed services and consultancy. The Odin Groep relies on the knowledge of 470 employees to provide its customers with the expertise to make strategic decisions regarding IT.

“We see Fortino as the perfect partner to support us in the next phase of our growth,” says Hans Lesscher, CEO and founder of the Odin Groep. “After building the organization with my team for almost 30 years, it is time for the next step forward. Fortino has the knowledge, experience and financial strength that we now need to further shape our ambitions. In doing so, we remain faithful to our principle: to provide complete IT solutions that enable our customers to make a difference.”

Duco Sickinghe, Managing Partner of Fortino Capital Partners: “The IT market is evolving rapidly, making it increasingly difficult for organizations to surround themselves with the necessary knowledge. We strongly believe in the added value of Odin Groep as an IT partner for its customers. We look forward to supporting Hans and his employees with the continued growth of Odin Groep, both organically and with opportunities to work more closely with other companies.”

Hemingway Corporate Finance acted as exclusive financial advisor to Odin Groep.