Investment company Fortino Capital Partners has taken a majority stake in the Odin Group, an independent ICT service provider consisting of the companies Previder, Heutink ICT and Winvision.
The management of the Odin Group believes that Fortino is the right partner to support their growth ambitions and the further development of the Odin Group, whereby delivering excellent customer service will be paramount.
Odin Group specialises in IT solutions, cloud hosting, security, managed services and consultancy. The Odin Group relies on the knowledge of its 470 employees to provide its customers with the required expertise in making strategic ICT decisions.
The Odin Group operates from two offices (Hengelo and Vianen), and believes in customer proximity to fulfil the ICT needs of its clients. Odin Group has a strong presence in the segment of small and medium-sized companies, and has leading market positions in the healthcare sector and primary education. In 2018, the Odin Group achieved a turnover of 82 million euros and an EBITDA of over 15 million euros.
“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 almost 30 years of building the organisation together with my team, it is time for the next step forward. Fortino has the knowledge, experience and financial strength that we need to further shape our ambitions. In doing so, we remain true to our principle: providing complete IT solutions that enable our customers to make a difference.”
Duco Sickinghe, Managing Partner of Fortino Capital Partners, says: “The ICT market is evolving rapidly, making it increasingly difficult for organisations to surround themselves with the required IT knowledge. We strongly believe in the added value of the Odin Group as a trusted ICT partner for its clients. We look forward to supporting Hans and his employees with the further growth of the Odin Group, both autonomously, as well as opportunities to work more closely together with other companies.”
