M&A Deal Summary

NPM Capital NV and Teslin Capital Management Acquire ICT Group

On March 5, 2021, private equity firm NPM Capital NV and asset manager Teslin Capital Management acquired information technology company ICT Group for 141M EUR

Acquisition Highlights
  • This is NPM Capital NV’s 4th and Teslin Capital Management’s 3rd transaction in the Information Technology sector.
  • This is NPM Capital NV’s and Teslin Capital Management’s largest (disclosed) transaction.
  • This is NPM Capital NV’s 61st and Teslin Capital Management’s 5th transaction in the Netherlands.

M&A Deal Summary

Date 2021-03-05
Target ICT Group
Sector Information Technology
Buyer(s) NPM Capital NV
Teslin Capital Management
Deal Type Going Private
Deal Value 141M EUR

Target

ICT Group

Rotterdam, Netherlands
website
ICT Group is an industrial technology solutions provider. The organizational structure of ICT Automatisering is classified according to the market that ICT serves. ICT has eight autonomous product-market combinations: Automotive & Mobility, Logistics & Transport, Water & Infra, High Tech, Manufacturing, Food Chemicals & Pharma, Healthcare, and Energy. ICT Group was founded in 1978 and is based in Rotterdam, Netherlands.

Search 192,349 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 2

Buyer

NPM Capital NV

Amsterdam, Netherlands

Investor Investor Investor Investor Investor

website


Category Private Equity Firm
Founded 1948
PE ASSETS 1.0B EUR
Size Large
Type Sector Agnostic
DESCRIPTION

NPM Capital is a unit of family owned holding company, SHV Holdings, set-up to invest in and acquire medium-sized Dutch companies. Prospective opportunities are typically family-owned companies or divisions of of large corporations. NPM will consider both majority and minority positions in companies valued between EUR35 to EUR300 million. The Firm looks at businesses in all sectors of the Dutch economy. NPM Capital was originally established in 1948 and is based in Amsterdam.


DEAL STATS #
Overall 64 of 66
Sector (Information Technology) 4 of 4
Type (Going Private) 1 of 1
Country (Netherlands) 61 of 63
Year (2021) 1 of 3
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-08 Mentaal Beter

Hilversum, Netherlands

Mentaal Beter is a mental health care services provider active in the mild to moderate severity mental care and learnings disorder market in the Netherlands. After a merger with Parigger & de Heer in 2009, Mentaal Beter added its own branches and professionals to the payroll. In 2010, the mental health care organisation became part of the healthcare company Interhealth. Mentaal Beter was founded in 2004 and is based in Hilversum, Netherlands.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-06 Deli Home

Gorinchem, Netherlands

Deli Home is a producer and distributor of made-to-measure, do-it-yourself, and building supplies. Its brands include CanDo, Skantrae, Weekamp, Lundia, and Bruynzeel. Deli Home has sales offices and production locations all across Europe (Belgium, Portugal, Czech Republic, Poland, France, and Hungary). Deli Home was founded in 2016 and is based in Gorinchem, Netherlands.

Sell -
DESCRIPTION

Teslin Capital Management is an investment firm focused on small to medium-sized listed company investments. The Firm targets businesses throughout the Netherlands and nearby regions with an emphasis on sustainable value creation. Teslin Capital Management was founded in 1991 and is based in Maarsbergen, the Netherlands.


DEAL STATS #
Overall 5 of 10
Sector (Information Technology) 3 of 3
Type (Going Private) 1 of 2
Country (Netherlands) 5 of 9
Year (2021) 1 of 3
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-09-22 Nedap

Groenlo, Netherlands

Nedap is a Dutch multinational technology company. Nedap was founded in 1929 and is based in Groenlo, Netherlands.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-11 NX Filtration

Enschede, Netherlands

NX Filtration is a membrane partner for treating water and filtering beverages. NX Filtration produce advanced hollow fiber membrane modules for nanofiltration, ultrafiltration and microfiltration applications. NX Filtration was founded in 2016 and is based in Enschede, Netherlands.

Buy -