London - IK Investment Partners is acquiring a majority stake in Dortmund-based Infradata Group through IK VIII Funds from Waterland Private Equity Fund V (“Waterland”).
Founded in 2004 in the Netherlands, Infradata is a leading European provider of cybersecurity and secure network solutions. Beyond the Netherlands, the company is represented in Germany, the UK, France, Belgium, Poland and the USA and is pursuing ambitious growth plans. Infradata is benefiting from two megatrends, the rising volume of data and the increase in cyber security threats. The parties have agreed not to disclose the financial details of the transaction.
As part of the transaction, Infradata’s founder and CEO, Leon de Keijzer will transition to the Board of Directors. Nino Tomovski, currently International Vice President, will be appointed CEO of Infradata as of January 1, 2019.
Norman Bremer (foto), Partner at IK Investment Partners said: “Our decision to back Infradata was driven by two prominent megatrends, namely the increase of cybersecurity threats in recent years, and rising data consumption. We are excited to be backing a management team with a fantastic track record and a highly innovative service offering. We are especially impressed with the company’s multi-country footprint and its outstanding people. We look forward to helping expand Infradata’s capabilities both through organic and acquisitive growth opportunities and building it into a truly European leader.”
About Infradata
Founded by Leon de Keijzer in 2004, Infradata is a leading pan-European provider of secure networking and cybersecurity solutions. The company is headquartered in Leiden, the Netherlands. For more information, visit www.infradata.com.
About IK Investment Partners
IK Investment Partners (“IK”) is a Pan- European private equity firm focused on investments in the Nordics, DACH region, France, and Benelux. Since 1989, IK has raised more than €9.5 billion of capital and invested in over 116 European companies. IK funds support companies with strong underlying potential, partnering with management teams and investors to create robust, well-positioned businesses with excellent long-term prospects.
About Waterland Private Equity
Waterland is an independent private equity investment group that acts as an active shareholder in its portfolio companies, playing a key role in their strategic and operational development, growth and performance. Waterland has offices in Belgium (Antwerp), the Netherlands (Bussum), UK (Manchester), Germany (Munich and Hamburg), Denmark (Copenhagen), Switzerland (Zurich) and Poland (Warsaw) and currently manages €6 billion of investor commitments. To date, Waterland has made investments in over 470 companies.