- Ilionx is a Dutch IT services provider focused on customers in regulated industries and the public sector
- FSN Capital’s other IT services investments include Netcompany, Fellowmind, Omegapoint, Nordlo and Epista Life Science
- FSN Capital VI’s strategy for ilionx’s will focus on organic growth as well as selected add-on acquisitions
FSN Capital VI announced it has signed an agreement to acquire a majority stake in ilionx, a Dutch IT services provider focused on customers in regulated industries and the public sector. Ilionx was previously owned by Egeria, an Amsterdam-based private equity firm that acquired ilionx in 2017.
Headquartered in Utrecht, ilionx offers digital strategy, cloud-oriented application development, data and AI solutions, hyper-automation services and managed services. The company has over 1,200 employees across thirteen locations in the Netherlands.
FSN Capital VI’s investment strategy will focus on continued organic growth as well as selected add-on acquisitions in the “large and highly fragmented Dutch IT services market”.
“We see ilionx as a very trustworthy IT partner for its customers with a strong backbone in highly competent employees, combined with an entrepreneurial spirit and customer-centric approach,” said Marcus Egelstig, partner at FSN Capital Partners. “With these strong capabilities we find ilionx exceptionally well-positioned for continued growth.”
FSN Capital Partners is an Olso-headquartered private equity firm and investment advisor to the FSN Capital Funds, with €4 billion under management.