Bolster sells its stake in OGD ict-diensten
After a partnership of thirteen years, Bolster Investment Partners is selling its stake in OGD ict-diensten to Building Beyond Technology Group. This combination creates a leading player in the Dutch IT services market.
Bolster’s predecessor acquired a substantial minority stake in OGD in 2012. Since then, Bolster has actively supported the company in becoming a prominent IT services provider. Through strategic investments in professionalisation and customer service, OGD has significantly strengthened its market position and realised impressive growth.
For over 35 years, OGD has been helping people and organisations get the most out of IT, with a strong focus on managed services in the public, industrial, financial and healthcare sectors. As a strategic partner, OGD designs, builds and manages innovative IT solutions that support both business objectives and employees in the best possible way. OGD employs more than 1,200 professionals.
Building Beyond Technology Group (BBTG), comprising Rubicon and Navara, is a specialist in cloud and AI solutions. The company serves clients across a wide range of industries and is known for its innovative approach. BBTG supports full IT and data transformations, from strategic consulting to implementation and managed services. Investment firm IceLake Capital is a shareholder in the group.
The addition of OGD to BBTG creates a powerful player in the Dutch IT market. With over 1,800 IT professionals, the group forms an end-to-end IT platform that supports organisations in their digital transformation, based on a “Cloud Only, AI First” strategy. The complementary expertise of OGD, Rubicon and Navara reinforces each other both in content and in culture. This combination enables the group to better serve its clients, offering services ranging from software development to adoption and managed services. It does so in a rapidly changing world where demand for integrated solutions in cloud, data, AI and cybersecurity is growing fast.
Following a positive recommendation from OGD’s Works Council, the transaction has been submitted for approval to the Dutch Authority for Consumers and Markets (ACM).
Roel Nikkessen, CEO of OGD ict-diensten, comments: “I look back with great appreciation on Bolster’s committed shareholdership over the past thirteen years. Thanks to their active support and strategic investments, OGD has been able to reach its full potential. We thank Bolster for the pleasant collaboration and the trust they placed in OGD and its management. Building on this strong foundation, we look forward to our future as part of BBTG, where we will continue to drive innovation and client support in a dynamic IT market.”
Michiel van Wissen, Managing Partner at Bolster Investment Partners, adds: “We are proud to have been a shareholder of OGD for thirteen years. With our long-term vision, we have worked closely with the OGD team to drive its growth and professionalisation as a leading managed services provider. We have greatly appreciated the collaboration with both the management team and our fellow shareholders. Together, OGD and BBTG form a strong foundation for a promising future. We extend our best wishes to both parties as they move forward together.”
For more information please contact:
Bolster Investment Partners
Michiel van Wissen +31 20 226 3088