Previder buys Belgium's AppSys in third deal to grow its market
What's the deal? Dutch IT provider PreviderDealroom has a profile for this one. Try Dealroom → has acquired AppSys ICT GroupDealroom has a profile for this one. Try Dealroom →, a Belgian IT services firm with roughly 70 staff. Financial terms were not disclosed. Previder is a subsidiary of Hengelo-based Odin GroepDealroom has a profile for this one. Try Dealroom →.
What's the endgame? AppSys becomes part of Previder, adding knowledge and scale in Belgium, which Odin Groep calls an important growth market. The two companies will now focus on integrating their operations.
Why now? This is Previder's third Belgian acquisition, following 2invisionDealroom has a profile for this one. Try Dealroom → and Assyst EuropeDealroom has a profile for this one. Try Dealroom →. Together those businesses form Previder Belgium, which operates from sites in Braine-l'Alleud, Houthalen-Helchteren, and Peer.
What changes? AppSys's current management stays on under the new structure. Kris Nijs, until now chief executive officer of AppSys, becomes managing director of Previder Belgium. Werner Jans takes the role of director of transformation within the group.
The signal: The deal reflects steady cross-border consolidation among European IT services providers, as mid-sized players build regional scale through repeated bolt-on acquisitions rather than single large transactions.
Read more: dutchitleaders.nl
Image credit: NeoSpire
