H2 Equity Partners sells Unified to Odin and reinvests in the combination

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H2 Equity Partners sells Unified to Odin and reinvests in the combination

Aug 2021

H2 Equity Partners (‘H2’) is pleased to announce that it has sold Unified Holding B.V. (“Unified”), a leading managed service provider for the Dutch social housing corporation sector, to Previder, a leader in managed services for the care sector, municipalities, social housing corporations and SMEs and part of Odin Groep.

With a broad service offering, deep expertise in IT outsourcing and a fast-growing workforce, the combination will become a clear leader in the social housing corporation sector. Unified will continue to operate from its offices and datacenters in Utrecht and will serve its customers under the name ‘Previder Corporaties’. As part of the transaction, H2, founder Bart van Mierlo, and management of Unified will become shareholders of Odin Groep. Unified management will remain in charge of the daily operations at Previder Corporaties.

Hans Lesscher, CEO of Odin Groep, commented: “Through this acquisition, Previder has become the leading IT outsourcing provider for the social housing corporations. It also provides the opportunity to combine the experience and expertise of Previder and Unified in the sector in a single business unit, focused on this market segment. This creates a specialized, complete and state-of-the-art managed IT services offering for social housing corporations of all sizes.”

Stephan Derksen, CEO of Unified, commented: “This is an exciting new chapter for our company. Both Previder and Unified firmly believe in building strong customer relationships by offering relevant IT solutions based on deep industry knowledge and market experience. The clear market focus, increased scale, combined experience and extended service portfolio, will allow us to contribute to our customers’ digital strategy even better. “

Peter van Leersum, Partner at H2 Equity Partners, commented: “We are proud of the accomplishments of Unified and its team to date, and are excited to continue our involvement as an investor as part of the Odin Groep. We have been impressed with the entrepreneurial spirit at Odin Groep and Previder, and are firm believers in the continuation of Unified’s customer-focused strategy. Odin Groep is a strong match, given its leading position in the Netherlands and similar strategy as a managed services provider with proprietary infrastructure.”

H2 was advised by Lexence (legal).

About Unified

Unified Holding B.V. includes Unified, a managed service provider for the social housing corporation sector and Integrated Works B.V., a security and network specialist. Unified Holding has a combined 40 employees and is located in Utrecht and Nieuw-Vennep in the Netherlands. Unified offers IT outsourcing services, supported by its proprietary datacenters. Unified has been active in the social housing corporation since 2004, when the company was founded by Bart van Mierlo.

About H2 Equity Partners

H2 Equity Partners, founded in 1991, is an independent investment firm. H2 focuses on medium sized companies that are uniquely positioned and provide significant growth potential. H2 offers these businesses a combination of capital and active management support to realize untapped potential. H2 has a robust, multi-sector track record in building stronger companies, with a sustainable competitive advantage and profitable growth. The investments by H2’s Amsterdam team are funded through its most recent fund, which was launched in June 2019.