Riverdam completed the acquisition of a majority stake in Altios Cloud Experts.

Riverdam, an investment company, completed the acquisition of a majority stake in Altios Cloud Experts, an experienced ICT and telecom service provider. Financial terms were not disclosed. "Our rapid growth requires a new approach. That’s why it is the right time for Altios Cloud Experts to join the buy & build initiative of investment company Riverdam. At Riverdam, relationships and personal contact come first, making this partnership the perfect match for Altios. With this important step, we will continue to advance the Altios strategy, combine our strengths, expand our ability to provide even better service to our clients, and create exciting growth opportunities for our employees," Gerard Mulder, Altios Cloud Experts Founder.