BRIDGEPOINT TO JOIN FORCES WITH SCHUBERG PHILIS, EUROPEAN LEADER IN MISSION-CRITICAL IT

Bridgepoint to become new majority investor in Schuberg Philis, a fast-growing specialised managed IT service provider for mission-critical applications across large organisations. 

  • Schuberg Philis has delivered CAGR of 17% over past 20 years, operating in an addressable market for specialist services valued at around €5 billion* and growing high double digit annually.  
  • Partnership will fuel Schuberg Philis’ ambitious growth and innovation strategy across Europe, leveraging Bridgepoint’s expertise in tech-led businesses, global office network and deep industry contacts.

Amsterdam, The Netherlands – November 12, 2024 Bridgepoint, one of the world’s leading quoted private asset growth investors, has announced it will partner with Schuberg Philis, a Dutch-rooted IT company specialising in mission-critical IT services, cloud-native solutions, and digital transformation.

The transaction will see Bridgepoint Europe VII, a fund focused on investing in mid-market growth businesses, become Schuberg Philis’ new majority investor. Through the partnership with Bridgepoint, Schuberg Philis’ existing shareholders from both founder and management teams will retain significant stakes in the business.

Schuberg Philis will continue to operate based on its foundational principles, emphasising the unique Plan-Build-Run model, which ensures continuous alignment and accountability throughout every stage of customer projects. This approach underpins the company’s distinctive working philosophy, fostering collaboration and a shared mission among teams to address complex, mission-critical IT challenges.

Founded in 2003, Schuberg Philis has become a trusted partner for organisations needing reliable, secure IT solutions. With strong expertise in the fast-growing public cloud market, the company offers services across cloud, data & AI, software, and security. Schuberg Philis supports well-known companies such as Rabobank, ING, Heineken, Enexis, PostNL, NS, and Port of Rotterdam. Positioned for significant international growth, Schuberg Philis is ready to assist more enterprises with the next generation of digital transformation.

Led by its highly experienced co-founders, Schuberg Philis has historically delivered compound annual growth rates of 17% over the past two decades, 80% recurring revenues and an industry-leading Net Promoter Score (NPS) of 75, reflecting the strength of its reputation for excellence and long-term customer relationships with retention rates of over 95%. The firm operates in a fragmented Dutch addressable market, valued at around €5 billion* and marked by annual growth rates of high double digits.

With support from Bridgepoint, Schuberg Philis will expand its core business in The Netherlands, while expanding into the strategically important Nordic, DACH and UK regions, enabled via the depth of industry expertise and contacts across Bridgepoint’s office network. Further growth will be fuelled through selective M&A, reinforcing the company’s position as the market leader in its niche.

Bridgepoint’s strategic investment in Schuberg Philis builds on the firm’s strong track record investing in the growth of specialised technology-led businesses with a focus on mission-critical services for enterprise customers, with previous investments including Infinigate, Qualitest, Kyriba, DataExpert and ACT.

„Consistently ranked as one of the strongest IT services brands in the Netherlands, Schuberg Philis stands out as a high-quality, technology-driven business with an exceptional track record in its niche market. Five years ago, we first recognised the unique qualities that set Schuberg Philis apart and have followed their impressive journey closely since. With an outstanding NPS of 75 and a people-first culture, Schuberg Philis is well-positioned to lead as enterprise customers face increasingly complex digital transformations. We’re excited to partner with Schuberg Philis, leveraging Bridgepoint’s sector expertise and global network to expand its Northern European presence and support its next growth phase.” said Olivier van Riet Paap, Partner at Bridgepoint.

„Joining forces with Bridgepoint marks a significant milestone in our 20-plus-year journey,“ said Gerwin Schuring, founder and CEO of Schuberg Philis. „This partnership will enable us to scale our European operations, invest in new technologies, and continue delivering exceptional service to our customers while staying true to our strong company values and people-first culture. Schuberg Philis’s management team will continue to guide the company.“

The transaction is subject to customary closing conditions including regulatory approval. Financial terms of the deal are not disclosed.

Bridgepoint was advised by Lazard and Axeco (M&A Advisors), A&O Shearman (Legal Advisor), Bain (Commercial), EY (Financial, Tax, ESG and Cyber Due Diligence) and Crosslake (Tech Due Diligence).

Schuberg Philis was advised by Arma Partners (M&A Advisor), De Brauw Blackstone Westbroek (Legal Advisor), PwC (VDD Financial and Tax), McKinsey (VDD Commercial) and Atlas (Tax advice).

About Bridgepoint

Bridgepoint Group plc is a listed international alternative asset manager specialising in private equity, infrastructure and private credit. With €67 billion of assets under management, the company has nearly 200 investment professionals in Europe, North America and Asia. Bridgepoint combines global scale with local market insight and sector expertise, consistently delivering strong returns through cycles. Bridgepoint’s current Dutch portfolio is represented by investments including ACT, DataExpert and Vermaat. For more information, visit www.bridgepoint.eu.

About Schuberg Philis

Schuberg Philis is a leading mission-critical IT company providing solutions that guarantee 100% uptime and impact in operations that drive business progress. Its customers are organizations whose activities power the world’s most vital industries, including financial services, transport & logistics, asset management, manufacturing, retail, energy, healthcare, the public sector, government, and infrastructure. Established in the Netherlands in 2003, Schuberg Philis has offices in Schiphol-Rijk and Rotterdam, where 450 colleagues work together in self-steering teams. To achieve 100% customer satisfaction, the company places experts in the lead for each solution and prioritizes choices that positively impact people and the planet, visit www.schubergphilis.com.

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