PE Deals

Gilde to sell majority stake in Zetacom to Avedon Capital

Zetacom is a systems integrator for critical communication systems and networking and security products.

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  • Avedon will combine Zetacom with Detron post the sale
  • Avedon is a private equity firm that focuses on growing mid-market firms in the Benelux and DACH regions
  • The proposed acquisition is likely to be completed in the coming months

Gilde Healthcare’s private equity fund has agreed to sell its majority stake in Zetacom to Avedon Capital. No financial details of the deal were disclosed.

Zetacom is a systems integrator for critical communication systems and networking and security products. The firm is headquartered in Zoetermeer, Netherlands.

The proposed acquisition is likely to be completed in the coming months, subject to relevant regulatory nods.

Following this deal, Avedon will combine Zetacom with Detron.

“We are delighted to be taking these companies to the next level together with management,” said Willem van der Veer, investment director at Avedon. “We will be supporting management in realising further organic growth and acquisitions.”

This potential merger will create one of the “largest independent managed services providers” in the Netherlands, according to a release.

The merged firm will be headed by Tom Tank, CEO, Mark Fait, CFO, Emile Jongboer, CCO and Dick Dompeling, managing director at Zetacom.

Glide Healthcare first invested in Zetacom in 2015.

“We are proud of what we achieved in the past years, doubling the company’s size by strategically expanding it in line with its clients’ needs,” said Hugo de Bruin, partner at Gilde Healthcare. “In doing so, Zetacom helped its healthcare clients to provide better care at lower cost, which it will continue to do going forward.”

Gilde Healthcare is a specialised healthcare investor managing over €1.9 billion across. The firm is headquartered in Utrecht, the Netherlands, with offices in Frankfurt, and Cambridge, US.

Detron is an independent IT and telecoms partner headquartered in Veenendaal, the Netherlands. The firm has offices in Den Bosch, Raamsdonksveer, Heerlen and Barneveld.

Avedon is a private equity firm that focuses on growing mid-market companies in the Benelux and DACH regions. The firm is headquartered in Amsterdam.