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M&A Deal Summary

ICT Group Acquires Modality

On February 12, 2025, ICT Group acquired information technology company Modality

Acquisition Highlights
  • This is ICT Group’s 1st transaction in the Information Technology sector.
  • This is ICT Group’s 3rd transaction in the Netherlands.

M&A Deal Summary
Date 2025-02-12
Target Modality
Sector Information Technology
Buyer(s) ICT Group
Deal Type Add-on Acquisition

Target

Modality

Barendrecht, Netherlands
Modality is an IT company specializing in systems for transport management (TMS) and container terminal operations (TOS). With customers ranging from inland terminals to barge, rail, and truck operators, it offers integrated interfaces with all major logistics parties, including seaports, customs, and Portbase. Modality is based in Barendrecht, Netherlands.

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Buyer(S) 1

Buyer

ICT Group

Barendrecht, Netherlands
Category Company
Founded 1978
Sector Information Technology
Employees1,453
Revenue 155M EUR (2019)
DESCRIPTION

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 Barendrecht, Netherlands.

DEAL STATS #
Overall 3 of 3
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 3 of 3
Country (Netherlands) 3 of 3
Year (2025) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-02-27 TriOpSys

Utrecht, Netherlands

TriOpSys designs builds, and manages mission-critical software applications and infrastructures for traffic management, weather satellites, monitoring stations, and command and control centers. TriOpSys was founded in 1998 and is based in Utrecht, Netherlands.

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Legal