M&A News SME
The Sourcing Company attracts investor for further growth
Woerden, November 26, 2021 - Total Specific Hosting ("TSH"), the leading group of collaborating Dutch ICT outsourcing companies, has acquired a majority stake in cloud service provider The Sourcing Company ("TSC") based in Woerden. This will give TSC access to knowledge and permanent capital to shape the next phase of growth. This will accelerate the growth path for customers and employees. TSH is a portfolio company of Strikwerda Investments, the investor in Dutch ICT companies. With this, TSH partly strengthens its position in the housing corporation sector where NEH already has a strong position.
In recent years, TSC has become a leading player in the field of service providing with Microsoft 365 and Azure Cloud technology. With over 45 employees, TSC provides professional and innovative Cloud ICT solutions for its clients in the Netherlands.
Based on passion, TSC started in 2007 on the grounds of Business University Nyenrode and since then has always been focused on pleasant work for its own employees and those of its clients. TSC operates primarily in the housing, legal and healthcare markets and is also exploring other verticals. By working closely with TSH parts, TSC has the opportunity to pursue a long-term growth strategy with the ambition to become the Microsoft Azure & Microsoft 365 Cloud specialist for clients in its sectors in the Netherlands.
Ronald Verweij and Johan van der Blom, founders of TSC: “This step is a logical next phase of growth for our company. Our strategy is to bundle our specialties with parts of TSH with which we can further expand our portfolio and customer base. We will also continue targeted expansion with parties looking for a partner to make this transformation to the cloud. This will allow even more customers to take advantage of The Sourcing Company’s proven Azure cloud solutions.” All this while maintaining the personal approach and attention to the development of its own employees.
Strikwerda Investments (SI) is a family investment company focused on healthy, ambitious, medium and large-sized SMEs. It is a Dutch investment fund with a strong track-record in the ICT sector. SI is the majority shareholder in ICT outsourcing company TSH and will become so in TSC through this transaction. TSH has a long-term investment horizon and, in addition to its current strong organic growth, also wants other leading ICT outsourcing companies to join the group.
Jan Pieter Cleveringa of NEH: “TSC has a strong specialty in Microsoft 365 and Azure knowledge in-house and a strong generic approach to bring clients to the Microsoft cloud. TSC’s knowledge and work ethic are an excellent fit for TSH. Together we are even more powerful in our market segments. It gives the companies within TSH the opportunity to benefit from the collaboration.”
“With the affiliation of TSC with TSH, two strong entrepreneurs and a large group of IT specialists join. Ronald Verweij and Johan van der Blom have already established a great company and can accelerate even further in the new setting,” said Hein Stoops, partner of consulting firm Hogenhouck m&a, which guided both entrepreneurs in this successful transaction.