Platinum-level HPE partner CSN Group takes on PE investment

Dutch managed services outfit CSN Group has taken on private equity investment, selling a stake in the business to Quadrum Capital.

CSN is a managed service provider specialising in workspace, security and hybrid IT solutions. It holds platinum-level status with HPE, and works with other vendors including Microsoft, VMware, Citrix and Fortinet.

Based in Leusden, CSN has been in business for almost 30 years and employs around 100 staff.

Also based in the Netherlands, Quadrum Capital has a history of investing in Dutch IT companies, holding stakes in firms including Excite IT, DataExpert and Fundaments.

Quadrum claims it became a shareholder in CSN as of June 2020.

CSN Group describes it as an important step in its growth strategy in becoming a leader in digital transformation in the construction and manufacturing industries,

CEO of CSN Group, Mathijs Bakker, said Quadrum shares his long-term vision for the business.

"Our role as an IT service provider will increasingly lie in guiding companies in their journey as a digital enterprise from strategy, technology and organisation. Collaboration is key to creating the multidisciplinary IT footprint that is required for this," he said.

"Do not do everything yourself, but join forces to deliver the best quality at every point of the journey. The partnership with Quadrum Capital means that we can take steps to accelerate this and further expand our strong market position as a managed services provider."

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• Topics
• Managed Service Provider (MSP)
• Mergers & Acquisitions
• Dutch
• CSN Group
• Quadrum Capital
• CSN
• Microsoft
• VMware
• Citrix
• Leusden
• Netherlands