Quadrum Capital supports merger of IT service providers Avit Group and Wingmen

Almelo 4 January 2022 - Quadrum Capital strengthens its position in the IT sector. The Dutch Avit Group, network integrator and managed service provider, and the Danish company Wingmen are joining forces with investor support of Quadrum Capital. The partnership marks an important step in the ambition of both parties to build a specialized network of Cisco Gold certified integrators and managed service providers in Europe.

Important step in realizing growth ambitions Avit has invested in new products and services in recent years, further strengthening its position as a Cisco and Microsoft Gold Partner. Recently, Avit has shaped its international ambitions with Avit International and Avit Belgium, and offices have been opened in the United States and Asia to further expand the 24/7 follow-the-sun managed services. The merger with Wingmen marks a very important step in the further realisation of a European platform. In total, both organizations have approximately 250 Cisco and Microsoft certified specialists and software developers. In 2021, the combined turnover of Avit and Wingmen is over 100 million euros.

Cooperation guarantees continuation of growth Ronald Kraanen, CEO at Avit Group: "The collaboration with Wingmen is an important step for us in the realization of a specialist network of Cisco Gold Partners in Europe. We see many similarities in our ambitions, business philosophy and culture. The development of new and innovative business models in IT infrastructure is moving very fast. Our customers have a great need for functional integration. We have the ambition to develop faster and more IT solutions and services to support the important transitions and innovations that our customers, especially multinationals and public clients, are facing. By combining our knowledge and expertise with the quality and knowledge of Wingmen, synergy advantages arise, which enable us both to realize our goals even faster."

Kåre Christensen, CEO at Wingmen: "We are pleased to have realized the cooperation with Avit Group. Our international ambitions and longer-term goals match exactly, and we both belong to the top of the market. This merger creates a strong partnership that has unparalleled knowledge and experience when it comes to Cisco's products and services. I look forward to working with Avit on future-proofing our customers' IT infrastructures while achieving our mutual goals."

Rien Nagel, Partner at Quadrum Capital: "As an independent investment firm, we help companies achieve their growth ambitions responsibly. Avit Group and Wingmen are two very reputable parties and are already achieving tremendous growth. With this cooperation and by exchanging their knowledge and expertise, they can further accelerate this growth with our support. I am proud that we can make a valuable contribution to this. "