Date 22 September 2023
Date 3 minutes
Date M&A

TSH accelerates with acquisition of Microsoft MSP Constant IT

Constant IT, a Managed Service Provider (MSP) with a focus on the Microsoft Cloud, will become part of TSH, one of the fastest growing MSP organizations in the Netherlands. Constant IT will remain as a leading name in its existing form, and thanks to the acquisition it will gain access to the knowledge and experience of TSH and the already affiliated TSH Brands. With Strikwerda Investments as a powerful shareholder of TSH, it will have a strong partner behind it that can support it in the next phase of growth and in realizing follow-up acquisitions. This will further accelerate the growth path for customers and employees. The acquisition of Constant IT is already the second acquisition by TSH in a month.

"With TSH on board as a strong, ambitious and experienced partner, I am energized to continue building together and getting other MSPs to join TSH." - Mark Philips - CEO and founder of Constant IT

Watch the video with John Reynders, CEO at TSH, welcoming Mark Philips, CEO and founder at Constant IT, to TSH

 

In recent years Constant IT has become a leading player in the field of IT outsourcing for the SME segment in the Amsterdam region. Through this transaction, Constant IT gets the opportunity to implement a long-term buy-and-build strategy to acquire a leading market position within the Amsterdam region. Moreover, joining TSH offers new opportunities and possibilities for Constant IT employees to grow and develop.

Mark Philips, CEO and founder of Constant IT: “With the great team at Constant IT, we work hard every day for a really great group of customers. I am incredibly proud of what we have built and how we have helped our customers embrace the Microsoft Cloud. We are ready to accelerate from our Amsterdam office with our fresh brand and our new security services. With TSH on board as a strong, ambitious and experienced partner, I am energized to continue building together and getting other MSPs to join TSH. This will allow our team members to grow and our customers to benefit from a huge increase in knowledge and experience.”

Long term investments

As a portfolio company of Strikwerda Investments, TSH has a long-term investment horizon and, in addition to the current strong organic growth, also wants other leading ICT outsourcing companies to join within the group. To this end, TSH is always looking for organizations with a proven track-record and with a similar attitude as the other TSH companies to want to continuously work on improving their organization.

John Reynders, CEO of TSH: “Constant IT has proven to have a powerful proposition for the SME segment and has managed to build a strong position and good name in the Amsterdam region with high customer satisfaction. By adding Constant IT to our ranks, we significantly strengthen our position in ICT outsourcing market and welcome a great company to our group. Mark and his team are a wonderful addition to our team of ambitious entrepreneurs and share our core values and long-term ambitions.