The shareholders of Strypes have sold 100% of the outstanding share capital to the Dutch company ICT Group (“ICT”).
With the acquisition of Strypes, ICT strengthens its position in the Infrastructure market in the Netherlands in terms of scale, products and additional expertise. Strypes has a subsidiary in Portugal, Strypes Technical Software Unipessoal LDA Portugal, which provides ICT with a new nearshoring platform.
Lindenaar & Co acted as advisor to the shareholders of Strypes during the entire sale process. The activities consisted amongst other of writing an information memorandum, structuring of the transaction, coordination of the due diligence process, final negotiations and closing of the transaction.
Strypes, founded in 2011 and located in Leersum (Netherlands) and Lisbon (Portugal) is specialized in services in the field of technical and industrial automation. The company operates mainly in the transport and infrastructure market and is also active in the Life Sciences, High Tech, Industry and Utilities markets. In 2017, Strypes founded a nearshoring office in Portugal that provides development and engineering activities as well as providing valuable access to the Portuguese labor market with highly skilled technicians. The combination of market knowledge, skilled professionals and technology specialization enables Strypes to provide best in class solutions for complex technology challenges of its clients.
Profile ICT Group
ICT Group is a leading industrial technology solutions and services provider. ICT offers high-quality technological solutions in the field of information and communication technology and serves various key industries, namely Automotive & Mobility, Water & Infrastructure, Food, Chemicals & Pharma, Transport & Logistics, Healthcare, High Technology, Energy and Manufacturing. Some examples of ICT's subsidiaries are Attitude, InTraffic and INNOCY. Approximately 1400 professionals work at ICT and the company is mainly active in Europe and the US operating from various locations in the Netherlands, Germany, Sweden and Bulgaria.