Tyneso Partners with Pride Capital to Boost Expansion
Deal News | Apr 23, 2025 | Pride Capital Partners BV
Pride Capital Partners BV has announced its investment in Belgian IT services firm Tyneso, marking its fourth platform investment in Belgium. The private equity firm will acquire a significant minority stake and provide financing, network access, and strategic guidance to support Tyneso's expansion. Tyneso plans to leverage this partnership to execute its buy-and-build strategy, aiming to broaden its service offerings and enhance its geographical presence. Founded in 2005, Tyneso specializes in offering tailored IT solutions with expertise in sectors like transportation and production, and is known for its commitment to compliance and information security. The collaboration is expected to facilitate Tyneso's strategic acquisitions to accelerate its growth throughout Europe.
Sectors
- Information Technology Services
- Private Equity
Geography
- Belgium – Tyneso is headquartered in Zemst, Belgium, and the investment by Pride Capital Partners marks their platform investment in this region.
- European Market – The investment aims to expand Tyneso's presence and operations throughout the European IT market.
Industry
- Information Technology Services – Tyneso operates in the IT services sector, providing tailored solutions to medium and large enterprises.
- Private Equity – The investment activity involves Pride Capital Partners, a private equity firm, acquiring a stake in Tyneso.
Financials
- Not Disclosed – The specific financial terms of the investment in Tyneso by Pride Capital Partners were not disclosed.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Tyneso | Target Company | Company | A Belgian IT services company founded in 2005, specializing in tailored IT solutions. |
| Pride Capital Partners BV | Investor | Company | A private equity firm investing in Tyneso to support its growth and expansion strategy. |
| Steven Tytgat | CEO | Person | Founder and CEO of Tyneso, overseeing the company's growth and strategic direction. |
| Lars van 't Hoenderdaal | Managing Partner | Person | Managing Partner at Pride Capital Partners, involved in the partnership with Tyneso. |