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  5. Ordina Acquires IFS Probity

M&A Deal Summary

Ordina Acquires IFS Probity

On September 1, 2021, Ordina acquired information technology company IFS Probity

Acquisition Highlights
  • This is Ordina’s 2nd transaction in the Information Technology sector.
  • This is Ordina’s 1st transaction in the Netherlands.

M&A Deal Summary
Date 2021-09-01
Target IFS Probity
Sector Information Technology
Buyer(s) Ordina
Deal Type Add-on Acquisition

Target

IFS Probity

Barneveld, Netherlands
IFS Probity is an independent IT services provider based in Barneveld, with around 40 employees. We have in-depth expertise in the utility sector and complex, high-volume invoicing and billing processes, primarily based on the SAP BRIM and SAP IS-U platforms. IFS Probity focuses on application consultancy, business consultancy, and project and process management, at the intersection of business and IT. Our roots are in the Dutch utilities and transport sectors and we now operate in a wide range of sectors. IFS Probity was formed in 2004 and is based in Barneveld, Netherlands.

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Buyer(S) 1

Buyer

Ordina

Nieuwegein, Netherlands
Category Company
Founded 1973
Sector Information Technology
Employees2,436
Revenue 429M EUR (2022)
DESCRIPTION

Ordina is a provider of consulting, solutions, and IT in the Netherlands, Belgium, and Luxembourg. Ordina was founded in 1973 and is based in Nieuwegein, Netherlands.

DEAL STATS #
Overall 3 of 3
Sector: Information Technology M&A 2 of 2
Type: Add-on Acquisition M&A Deals 3 of 3
Country: Netherlands M&A 1 of 1
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-09-12 E-Chain Management

Kontich, Belgium

E-Chain Management is a provider of SAP-based business automation services. E-Chain Management is based in Kontich, Belgium.

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