Holland Ventures-backed Avensus buys ICT Visions

A source close to the deal confirmed that Avensus acquired a majority stake in ICT Vision. Unquote understands the management team of ICT Vision and Avensus's managing directors Abram Schermer and Ed Trautig have retained minority stakes.

Holland Ventures has injected new capital in Avensus to fund the acquisition. The GP invested in Avensus towards the end of 2016. 

Avensus was founded in 2000 and provides manageable and secure IT solutions that contribute to cost control, continuity, secure storage and data protection. The company is headquartered in Alvere.

The acquisition of ICT Vision by Avensus will allow the latter to reach annual revenues of €50m. Avensus plans to pursue a buy-and-build growth strategy, acquiring subsidiaries that function in their own niches.

Company
Founded in 2006 and based in Eindhoven, ICT Vision is an information and communications technology service, providing SAN storage, hosted environments, office automation and virtualisation. The company says it supports SMEs with business continuity.

ICT Vision has certified partnerships with Microsoft, Google, Citrix, VMWare, Netapp, Aruba Networks, Cisco, HP and Dell.

People
Holland Ventures – Hubert Verbeek (managing partner).
Avensus Group – Abram Schermer, Ed Trautig (managing directors).

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