Project Description
Client: De Hoge Dennen Capital
Sale of myBrand to Conclusion, backed by NPM Capital
Conclusion, backed by Dutch private equity house NPM Capital, acquires myBrand, a highly valued SAP service provider in the Netherlands, from De Hoge Dennen Capital. For Conclusion, the acquisition perfectly fits its ambition to further develop its ‘eco-system’ of IT services offering to its clients. For myBrand, being part of this larger group brings it closer to its goal of becoming the leading SAP services provider in the Netherlands by 2021.
myBrand offers clients integrated SAP-services including consultancy, implementation, migration, hosting and managed services. myBrand is also a VAR for SAP licenses and offers SAP maintenance. These services complement the significantly smaller SAP services offering of Conclusion, before the transaction known as Conclusion Xtensional. myBrand will continue to operate on a stand-alone basis and under its current brand name.
After having advised De Hoge Dennen Capital on the sale of Robidus to Avedon Capital Partners in 2015 and on the sale of TENTOO to Waterland Private Equity in 2016, Quore Capital is on the verge of closing yet another successful sell-side deal on behalf of De Hoge Dennen Capital; another example of a long term relationship with one of its highly valued customers.
August 15th, 2018 (announced)
Client: De Hoge Dennen Capital
Target: myBrand
Buyer: Conclusion (Backed by NPM Capital)
Seller: De Hoge Dennen Capital and management
