Web Hosting News

Strikwerda Investments announced the acquisition of Eshgro

  • Strikwerda Investments is merging Eshgro with its holding company Total Specific Hosting after becoming its majority shareholder.
  • The transaction gives Eshgro the opportunity to pursue a long-term buy-and-build strategy to become a significant player.
  • Joining forces gives other companies within TSH the opportunity to benefit from the collaboration.

Strikwerda Investments becomes the new majority shareholder of Eshgro, an IT services provider based in Boxmeer. Strikwerda also announced the merger of Eshgro with its holding company, Total Specific Hosting. SI bought the majority of the shares from the Amsterdam investment company Holland Capital. The TSH organization will support the business and provide ongoing capital to shape the next phase of growth and make follow-on acquisitions.

Merged with holding company

Eshgro is one of the leading Dutch companies in the field of Microsoft 365 Cloud technology and has also developed Smarter365, its own software platform. The platform enables organizations to work faster, easier and more securely. The transaction further accelerates the growth trajectory for customers and employees.

Edwin de Ruijter, CEO of Eshgro
Edwin deRuyter, CEO from Eshgro

With the transaction, Eshgo will be able to pursue a long-term buy-and-build strategy to become a leading Microsoft 365 Cloud provider for midsize businesses in the country. Both companies currently have over 850 employees. The company did not disclose financial details of the transaction, which is subject to approval by the Dutch Autoriteit Consument & Markt supervisory authority. Edwin de Ruijter, CEO of Eshgro, said:

“This acquisition is a logical next step in our company’s growth journey. Our strategy is to combine organic growth with acquisitions in adjacent market segments, thereby expanding our portfolio and our customer base. We are therefore specifically looking for parties who are looking for a partner to enable the transformation to the cloud which we can help accelerate with our self-developed Smarter365 platform. In this way, more customers can use Eshgro’s proven cloud solutions. Our entire management team will continue in their current roles to achieve this next step. »

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