Announced
Completed
Synopsis
Private equity firm Capital A completed the acquisition of Open Line, one of the fastest growing Managed Cloud Services providers in the Netherlands, from Nordian Capital Partners. Financial terms were not disclosed. "On behalf of Open Line, we would like to thank Nordian for their support in bringing focus in our commercial strategy and support in building our organization. The result that we achieved is not purely financial, but our position in the healthcare market in particular has also been considerably strengthened. In addition, our services have become less dependent on cyclical fluctuations over the last three years, which has resulted in a very stable business model," Michiel van Lamoen, Open Line CFO.
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