Harris Williams & Co. Advises IS Group BV on its Sale to Strategic Buyer Koninklijke KPN NV
Harris Williams & Co., a preeminent middle market investment bank focused on the advisory needs of clients worldwide, announces that it acted as the exclusive financial advisor to the shareholders of IS Group BV (IS Group), a premier cloud computing and IT services provider, on its sale to strategic buyer Koninklijke KPN NV (KPN). The transaction was led by Thierry Monjauze, Jonathan Organ and Sylvain Noblet of Harris Williams & Co.’s Technology, Media & Telecom (TMT) Group.
“IS Group’s management team has done an exemplary job building one of the leading managed hosting and cloud services platforms in The Netherlands,” said Thierry Monjauze, a managing director at Harris Williams & Co. “KPN’s acquisition will allow IS Group to accelerate its growth and leverage KPN’s large customer network.”
IS Group is the largest independent Dutch managed hosting and cloud solutions provider. Founded in 1996, the company has grown through mergers and acquisitions to be the leading managed hosting and cloud services provider in The Netherlands. It is specialized in managed cloud hosting, desktop-as-a-service, security and connectivity. With nearly 20 years of experience and approximately 30,000 clients, IS Group’s 130 dedicated professionals work with one goal in mind every day: achieving success for its clients. IS Group is headquartered in Purmerend, The Netherlands.
KPN is the largest telecom and IT services provider in The Netherlands. KPN has been helping the Dutch technology industry move forward since 1852. The company has more than 18,000 employees worldwide and is dedicated to providing its customers with the best products and services, using the latest technology.
Harris Williams & Co. (www.harriswilliams.com), a member of The PNC Financial Services Group, Inc. (NYSE:PNC), is a preeminent middle market investment bank focused on the advisory needs of clients worldwide. The firm has deep industry knowledge, global transaction expertise and an unwavering commitment to excellence. Harris Williams & Co. provides sell-side and acquisition advisory, restructuring advisory, board advisory, private placements and capital markets advisory services.
Harris Williams & Co.’s TMT Group has experience across a broad range of sectors, including software, internet and digital media and infrastructure solutions. Within these segments, the TMT Group focuses on targeted subsectors including application software, data and informatics, eCommerce, education technology, energy technology, financial technology, healthcare IT, infrastructure software, IT and tech-enabled services, mobile, online advertising and marketing services, public sector software and telecom, data center and networking solutions. For more information on the firm’s TMT Group and other recent transactions, visit the TMT Group’s section of the Harris Williams & Co. website.
Investment banking services are provided by Harris Williams LLC, a registered broker-dealer and member of FINRA and SIPC, and Harris Williams & Co. Ltd, which is authorized and regulated by the Financial Conduct Authority. Harris Williams & Co. is a trade name under which Harris Williams LLC and Harris Williams & Co. Ltd conduct business.