PE Deals

Waterland-backed Sentia to be Denmark only as Accenture buys other businesses

Sentia designs, develops and manages cloud-based IT solutions.

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  • Sentia is supported by Waterland Private Equity as its main shareholder
  • Dublin-headquartered Accenture buys Sentia’s Belgian, Bulgarian and Dutch businesses
  • Sentia Denmark will be 100% Danish, focusing on Danish delivery to Danish customers

Waterland Private Equity Investments announced on 2 August that its portfolio company Sentia will continue as an independent business under the Sentia brand following the divestment of its businesses in Belgium, Bulgaria and the Netherlands. Dublin-headquartered information technology services and consulting company Accenture has bought the businesses.

Herlev, Denmark-headquartered Sentia Denmark will be 100% Danish, focusing on Danish delivery to Danish customers, while strengthening its market position. The majority shareholders of Sentia Group are Waterland Private Equity and Belgian entrepreneur Jonas Dhaenens. They will continue to support Sentia Denmark’s growth ambitions.

Headquartered in Bussum in the Netherlands, Waterland Private Equity is a private equity investment group that was founded in 1999. It has grown to have a pan European presence with more than 130 staff and 12 offices across 10 countries.

Sentia designs, develops and manages cloud-based IT solutions.

“Through our buy-and-build strategy in Denmark in the past years, Sentia Denmark has become a leading and well-integrated hybrid cloud services player, with strong public cloud capabilities,” said Jakob Høholdt, managing director of Sentia Denmark.

“We are one of the largest independent cloud services providers in Denmark with offices throughout the country and have always operated standalone from the rest of the group due to our regional and client intimate setup. With the continued support of our shareholders, we are excited about this next phase as a 100% Danish business in which we will continue to focus on being the best possible cloud services provider for our customers, employees and all other relevant stakeholders.”