The founder of Dutch reseller SLTN has acquired a majority stake in the business while a new investor has taken a minority share.
Eugene Tuijnman (pictured), who founded SLTN in 1997, has taken a controlling stake in the business after long-time investor Rabo Investments sold a 60 per cent stake.
A new investor, ING Corporate, has meanwhile taken a minority stake in SLTN.
Tuijnman sold SLTN in 2007 to a large systems integrator, but bought back the business in 2009 through a partnership with Rabo Investments after the integrator went bankrupt.
Rabo Investments became a majority shareholder in SLTN after another of its investments, Inter Access, merged with SLTN in 2013 to create a business with upwards of €140m revenues.
Today SLTN generates around €175m in revenues and operates across finance, healthcare and government.
Now with a majority stake in SLTN, founder Tuijnman said he is excited to enter its next phase of growth under a new ownership structure.
"After a successful collaboration with Rabo Investments, the time has now come to say goodbye to each other and to enter the next growth phase. The highlight in the 10-year partnership was the acquisition of Inter Access in 2013, creating a broadly oriented IT service provider and IT system integrator. SLTN has since grown to a turnover of 175 million euros, coming from a turnover of 45 million euros in 2009," he said.
"A very good result that we have been able to achieve thanks to close cooperation with Rabo Investments, our professional staff and the loyalty of our highly valued customers.
"With the appointment of ING Corporate Investments as a new financial shareholder, I am very much looking forward to investing further in the coming years and in particular to the various aspects of the digital transformation in order to better serve our customers."
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