IK Investment Partners (“IK”), a leading Pan-European private equity firm, is pleased to announce that the IK VIII Fund has acquired a majority stake in Infradata Group (“Infradata”) from Waterland Private Equity Fund V (“Waterland”). Infradata is a leading provider of cybersecurity and secure networking solutions across Europe.
Infradata was founded in the Netherlands in 2004, where it continues to be headquartered. The company has an additional presence in Germany, UK, France (Nomios), Belgium, Poland and the US, with ambitious expansion plans. The company provides cybersecurity and secure networking solutions, from design and delivery to aftermarket support and managed services. Infradata supports many large blue-chip clients with high security and data requirements across the industrial, advanced manufacturing, financial, telecommunications and e-commerce sectors.
As part of the transaction, Infradata’s founder and CEO, Leon de Keijzer will transition to the Board of Directors. Nino Tomovski, currently International Vice President, will be appointed CEO of Infradata as of 1 January 2019. Leon de Keijzer, Founder of Infradata commented: “I have been proud to lead Infradata since its inception and during its period of transformation from a local player in the Netherlands to a European sector leader. Given IK’s understanding of our sector paired with their extensive history of building and growing European businesses, we are very happy with them as a new shareholder.”
“I am very pleased to take on the role of CEO and work together with IK to build the largest and most trusted cyber security player in Europe.” - Nino Tomovski, incoming CEO of Infradata
Wouter Roduner, Partner at Waterland commented: “We’re very proud to have supported Infradata in the second phase of its European expansion from 3 to 7 countries, having more than tripled the company in size as a result. We wish Nino, Leon, IK, and the broader Infradata team the best of luck in continuing this successful growth trajectory.”
Norman Bremer, Partner at IK Investment Partners said: “Our decision to back Infradata was driven by two prominent megatrends, namely the increase of cybersecurity threats in recent years, and rising data consumption. We are excited to be backing a management team with a fantastic track record and a highly innovative service offering. We are especially impressed with the company’s multi-country footprint and its outstanding people. We look forward to helping expand Infradata’s capabilities both through organic and acquisitive growth opportunities and building it into a truly European leader.”
Transaction is subject to customary regulatory approvals.
Founded by Leon de Keijzer in 2004, Infradata is a leading pan-European provider of secure networking and cybersecurity solutions. The company is headquartered in Leiden, the Netherlands.
About IK Investment Partners
IK Investment Partners (“IK”) is a PanEuropean private equity firm focused on investments in the Nordics, DACH region, France, and Benelux. Since 1989, IK has raised more than €9.5 billion of capital and invested in over 116 European companies. IK funds support companies with strong underlying potential, partnering with management teams and investors to create robust, well-positioned businesses with excellent long-term prospects. For more information, visit www.ikinvest.com.
Private Equity Waterland is an independent private equity investment group that acts as an active shareholder in its portfolio companies, playing a key role in their strategic and operational development, growth and performance. Waterland has offices in Belgium (Antwerp), the Netherlands (Bussum), UK (Manchester), Germany (Munich and Hamburg), Denmark (Copenhagen), Switzerland (Zürich) and Poland (Warsaw) and currently manages €6 billion of investor commitments. To date, Waterland has made investments in over 470 companies.
8 November 2018