Felton merges with Lantech
Felton, an IT managed services provider, is merging with Lantech. Both companies are backed by the Dutch Security TechFund of Tiin Capital, which is a fund aimed at the Dutch managed services sector. The companies will continue under the Felton name.
Stan Bridié, CEO of Felton: “This transaction enables both Felton and Lantech to grow within the sector, in which scale is becoming increasingly important. We believe this is the perfect first step in our buy-and-build strategy. I am very pleased with the professional support of PhiDelphi in this transaction.”
Harald Miedema, partner at PhiDelphi: “The bundling of Felton with Lantech fits in the current consolidation in the IT managed services sector. Companies are acquiring capabilities and scale to better service customer needs.”
With this transaction, PhiDelphi strengthens its track record in the IT sector. Earlier this year PhiDelphi advised on the sale of Felton, both Visionplanner and Nmbrs in their successful sale to Visma, and end of last year near-shore software developer NetRom in the transaction with Icelake Capital.
Felton (www.felton.nl) is the outsourcing partner for its customers for IT infrastructures with a focus on cloud and security. With a team of 30 employees based in Hilversum, Felton focuses on national clients in healthcare, finance, construction, and business services. With its own private cloud environment and with 24/7 support, Felton supports its clients at the highest level as a technology partner.
Lantech (www.lantech.nl) is a managed services provider whose core competences lay at providing secure IT infrastructures. These services are provided in a broad range, from cloud security, to data protection and network access control. Lantech is based in Amersfoort and has around 40 employees. Lantech focuses on the logistics, healthcare, education and public sectors.