Waterland invests in Intelligent Group

Waterland Private Equity Investments has made a growth capital investment in Intelligent Group. Financial terms weren’t announced. Illigent, of Belgium, provides hosting services.


Ghent/Antwerp, 15 June 2015 – The Belgian-Dutch investment company Waterland Private Equity Investments (Waterland) will provide growth capital to the Intelligent Group, the Belgian market leader in developing and providing hosting services.
Intelligent was founded in 1999 by Jonas Dhaenens under the Combell brand and has grown to become the most important provider of hosting services in Belgium in recent years, with a strong presence in the Netherlands. The company is primarily known for its strong hosting brands Combell and Unitt. Combell focuses on a diverse offering of hosting services ranging from domain names, e-mail and webhosting to managed hosting server applications and related products, both for SMEs and large enterprises. Unitt focuses exclusively on complex managed cloud solutions, tailor made to the requirements of the customer. Unitt concentrates primarily on e-commerce, high-traffic websites, Software-As-A-Service platforms and business critical applications.
In order to accelerate its European growth strategy, Intelligent recently decided to reinforce its capital structure. For that purpose the company has taken Waterland on board as a financial partner. Waterland will provide Intelligent with additional capital and support the management team where necessary with the continued growth of the group.
Founder and CEO Jonas Dhaenens states: “Over the last years the European hosting market has grown strongly thanks to an increasing demand by our customers for an impeccable online presence, as well as the increasing trend to outsource hosting and cloud services to specialized providers such as Intelligent. The long term partnership with Waterland provides us with additional firepower to accelerate our ambitious growth program”
“For Waterland, the investment in Intelligent fits perfectly with our strategy to invest in growing, high-quality companies that are aiming to acquire leading positions in their sector”, states Cedric Van Cauwenberghe, Partner at Waterland Private Equity Investments.
About Intelligent
Intelligent is a company with respected hosting brands such as Combell, Unitt, Easyhost and Register. The group offers a set of services ranging from domain names, e-mail and hosting solutions, to complex infrastructure projects tailor made to the needs of large and international enterprises. The Ghent based IT-group employs over 150 people.
Combell is the market leader in shared hosting in Belgium. Combell offers 24/7 support in three languages through a free 0800-number in Belgium and the Netherlands, and services more than 50.000 customers. Standardized hosting services such as domain names, webhosting, e-mail, online fax, website builder, etc., are offered through a custom built control panel on a next-
next-generation hosting environment. Combell also has an important wholesale channel with diverse solutions, where it offers Combell products under a different name or even as a private label.
Unitt develops and manages enterprise hosting services on the Public Cloud (such as Amazon Web Services and Azure) and Private cloud with a deep knowledge of modern technologies. The strong guarantees on service levels allow Unitt to offer all-encompassing solutions for the most demanding applications and websites. Unitt differentiates itself within the market by offering 24/7 support in the language of the customer and by maintaining direct contact with the engineers that manage its infrastructure. Unitt is primarily active in four product groups: business critical applications, high traffic websites, e-commerce and SaaS-platforms. All products are built with the latest available technologies.
www.intelli.gent www.combell.com www.unitt.com
About Waterland Private Equity Investments
Waterland is an independent Belgian-Dutch private equity investment group that supports entrepreneurs in realizing their growth ambitions. With substantial financial resources and committed industry expertise, Waterland enables its portfolio companies to achieve accelerated growth both organically and through acquisitions.
Waterland acts as an active shareholder in its portfolio companies, playing a key role in their strategic and operational development, growth and performance. With its experienced, entrepreneurial investment team, Waterland aims to help ambitious entrepreneurs obtain a strong market position in today’s increasingly competitive business environment. As of today, Waterland has invested in 57 platform companies and has made an additional 250 add-on acquisitions to expand those platforms.
Waterland has since its foundation in 1999 consistently achieved top tier investment performance. It ranks as the number 2 most consistent performing buyout fund manager worldwide in the 2015 Preqin Consistent Performers in Global Private Equity & Venture Capital Report, February 2015, and as the number 2 global private equity firm in the fifth annual HEC/Dow Jones Private Equity Performance Ranking compiled by Prof. Gottschalg of HEC Paris Business School, January 2015.
Waterland has offices in Belgium (Antwerp), the Netherlands (Bussum), Germany (Munich and Düsseldorf) and Poland (Warsaw), and currently manages € 4 billion of investor commitments.