co-one buys Infinity IT, builds €50M IT platform to 125 specialists
What's the deal? Dutch IT firm co-oneDealroom has a profile for this one. Try Dealroom → has acquired Infinity ITDealroom has a profile for this one. Try Dealroom →, a specialist in hybrid cloud, software-defined datacentres, and modern workplaces, for an undisclosed sum. The deal brings co-one's platform to 125 IT specialists across four locations in the Netherlands, with combined revenue of €50 million.
What each side brings: co-one runs a platform that helps organisations design and co-manage their digital infrastructure. Infinity IT, founded in 2017 by Jordan Peters and Wilbert Kandt, adds expertise spanning networks, hybrid cloud, cybersecurity, and AI governance.
What's the endgame? co-one wants to become the partner for designing and co-managing digital infrastructure across hospitals, care institutions, retail, and the public sector. Infinity IT is the fifth company to join after iunxi, Infield ICT, Veducon, and DataMobilityDealroom has a profile for this one. Try Dealroom →.
What changes? Jordan Peters will continue to lead Infinity IT and joins co-one's leadership team. Customers keep working with the same people and retain existing service continuity, while gaining access to a broader portfolio, Peters said.
Why now? Rising reliance on data, cloud, cybersecurity, and AI is raising demands on organisations' digital infrastructure, co-one said. "We are building a platform with co-one that helps our customers with their complete digital infrastructure," said Taimen Boumans, chief executive officer of co-one.
The signal: The deal fits a steady build-out rather than a one-off bet, with co-one assembling specialist IT providers into a single managed-services platform. Infinity IT itself grew through acquisitions, buying a business-continuity unit from DatabalanceDealroom has a profile for this one. Try Dealroom → in 2022 and staffing firm SKS ProfessionalsDealroom has a profile for this one. Try Dealroom → in 2023 — a reminder that consolidation in Dutch managed IT is running in both directions.
Read more: dutchitleaders.nl
Image credit: simon.carr
