QNH management team has successfully invested alongside Egeria

March 2018 — The management team of QNH has successfully invested alongside Egeria, a Dutch private equity fund, in the acquisition of the company. QNH will combine forces with Egeria's portfolio company Ilionx, creating a large ICT service provider with over 800 employees and revenues of US$125 million that can serve customers with a wide range of services.

QNH provides IT consultancy services and sells software and mobile applications such as Office 365, Intune and AirWatch. In addition, the company implements and manages IT structures within businesses, in the areas of business analytics, cloud solutions, collaboration, enterprise mobility and digital experience. QNH helps organizations to adjust and improve their business operations through the use of smart IT solutions. QNH's services focus on optimizing the provision of information, underlying IT architectures and mobile applications. The company connects new technologies with existing ones and is responsible for advice, development, implementation and management. QNH’s clients include Benelux-based municipalities and companies active in the finance, services, telecom, utility, retail and healthcare segments. The company has 470 employees and offices in Amsterdam, Maastricht, Groningen and Eindhoven in the Netherlands, and in Hasselt, Belgium.

Egeria is a fully independent Dutch private equity firm, targeting controlling stakes in healthy, well-led mid-market companies in the Netherlands or in companies having a Dutch connection.

Our role in the transaction

Oaklins' team in the Netherlands acted as the exclusive M&A advisor to the management team of QNH.