ICT service providers Detron and Zetacom complete transaction with Avedon

Veenendaal (NL): 6 April 2023

ICT service providers Detron and Zetacom, and Avedon Capital Partners announce that the simultaneous acquisition of both companies by Avedon Capital Partners was successfully completed on 5 April following approval by the Netherlands Authority for Consumers and Markets and the signing of a financing agreement with Kartesia.

First announced on 15 February 2023, the transaction has been financed by Kartesia, a leading European specialist provider of financing solutions for small and mid-sized companies. In addition to covering the acquisition, the finance agreement also leaves room for future takeovers.

“We are delighted with the support of Avedon Capital Partners and Kartesia in ensuring that our growth ambitions can come to fruition,” comments Tom Tank, CEO of the Detron Zetacom group. “We are committed to the expansion of our portfolio in terms of both quality and quantity. This allows our clients to focus on their core activities, safe in the knowledge that we are providing them with optimal ICT solutions.”

Willem van der Veer, Investment Director at Avedon Capital Partners, agrees. “This cooperation with Kartesia confirms that investing in the ICT sector is attractive when a plan is in place with the kind of sophisticated growth strategy that we see at Detron and Zetacom. We are pleased to have successfully completed this transaction and look forward to the period ahead.”

Ruben Moen, Associate Director at Kartesia, adds: “It has been a pleasure to support Avedon Capital Partners and the management team at Detron and Zetacom in the realization of this transaction. We are convinced that our financing solution offers the group both the means and the flexibility required to implement its ambitious growth strategy.”

About Detron/Zetacom
Detron/Zetacom is a leading independent IT & telecoms partner for the healthcare sector, industry, government authorities and business markets. It is focused on digital workplaces, communications and digital healthcare solutions. Detron/Zetacom helps organizations improve work processes, accessibility and collaboration, relying on smart technology. Some 600 employees are based at eight locations in the Netherlands.

About Avedon Capital Partners
Avedon Capital Partners is a private equity firm with offices in Amsterdam and Düsseldorf, focused on growing mid-market companies in the Benelux and DACH regions. It supports ambitious businesses and management teams in accelerating organic growth, international expansion and/or buy-and-build strategies. Avedon focuses on companies in four sectors, namely business services, software & technology, smart industries and consumer & health. For more information see www.avedoncapital.com.

About Kartesia

Kartesia is a pan-European, independent and privately-owned specialist provider of financing solutions, focused on offering customized resources across the capital structure to leading mid-market companies from a wide range of industries, with the view to accelerate their pace of growth. Kartesia manages over €5bn in assets and is operated by a team of 80 experienced professionals across investment and operating teams led by its four founding Managing Partners. The organization has offices in Amsterdam, Brussels, London, Luxembourg, Madrid, Milan, Munich and Paris. For more information visit: www.kartesia.com.

Note to editors
For more information contact Tom Tank on +31 634 569 434 or email
wendy.vingerling@detron.nl
.