Dutch VAR SLTN Inter Access' ownership has returned to its founder after Rabo Investments sold its 60% share to CEO Eugene Tuijnman and ING Corporate Investments. Upon completion of the transaction, Tuijnman will own a “large majority” of the shares and ING Corporate Investments a minority interest, said Tuijnman.
Rabo Investments and Tuijnman entered into their partnership in 2009. Tuijnman founded SLTN in 1997 and sold it in 2007 to an international system integrator. Together with Rabo, Tuijnman bought it back again in July 2009.
“After a successful collaboration with Rabo Investments, the time has now come to say goodbye to each other and to enter the next growth phase,” said Tuijnman. “The highlight in the ten-year partnership was the acquisition of Inter Access in 2013, creating a broadly oriented IT service provider and IT system integrator.”
He said SLTN has since grown to a €175m-turnover company. Tuijnman added: “With ING Corporate Investments I am looking forward to investing further in the coming years, in particular in the various aspects of digital transformation to better serve our customers.”
Corstiaan Withagen, director of ING Corporate Investments, said: “SLTN has a clearly distinctive position in the market with a broad range of services and a lot of added value for its customers. We look forward to further shaping the growth of the company together.”
The company has customers across the Benelux region, Germany and other territories.
