Riverdam completed the acquisition of a majority stake in 2ICT.

Riverdam, a private equity firm, completed the acquisition of a majority stake in 2ICT, an IT services company. Financial terms were not disclosed. “We've been standing by our customers for years, with solutions that do what they need to do—without unnecessary hassle. We've invested in a new Data Intelligence department and were looking for a partner to help us grow. By working together within Smizer, we can continue to guarantee that reliability and commitment, while simultaneously adding new expertise and innovative services like Managed Intelligence and Data. That's the right step forward for us and our customers,” Erwin Bruinink, 2ICT Director.