Odin Groep Makes Strategic Moves into Europe with Acquisitions

Deal News | Jul 21, 2025 | Loyens & Loeff

Odin Groep, backed by Seven2, has expanded its European operations by acquiring Assyst Europe and the digital workspace division of Digital Services Europe. These acquisitions mark Odin Groep's entry into the German market, with operations in Amsterdam and Karlsruhe. The deal underscores Odin Groep's strategic expansion into the IT services sector, focusing on secure and intelligent solutions, including modern workplace services. Legal advisory firm Loyens & Loeff provided tax structuring support for the transactions, ensuring a smooth acquisition process.

Sectors

Information Technology Services
Mergers and Acquisitions

Geography

Belgium – Odin Groep acquired Assyst Europe, a Belgian IT services provider.
Germany – Odin Groep entered the German market through its acquisition of a division of Digital Services Europe.
Netherlands – The digital workspace division of Digital Services Europe, which was acquired, operates out of Amsterdam.

Industry

Information Technology Services – The article discusses the acquisition of companies providing IT services, highlighting the significance of modern workplace solutions and secure IT offerings.
Mergers and Acquisitions – The article details strategic acquisition activities undertaken by Odin Groep in expanding its market presence.

Financials

Participants

Name	Role	Type	Description
Odin Groep	Acquiring company	Company	A company backed by Seven2, making strategic acquisitions in the IT services sector.
Assyst Europe	Target company	Company	An IT services provider based in Belgium, offering secure and modern IT solutions.
Digital Services Europe	Vendor	Company	Provided the division of digital workspace services acquired by Odin Groep, operating in Amsterdam and Karlsruhe.
Loyens & Loeff	Legal advisor	Company	Provided tax structuring support for the acquisitions.
Seven2	Investor	Company	Private equity firm backing Odin Groep.