Exploring the growth opportunities for Egeniq, that was the starting point when owners Ivo Jansch and Peter Verhage entered this process. Other businesses had shown interest in the leading company before. And they had noticed the developments in the M&A market among similar companies in the industry. In MyBit Group, they found the ideal partner to take the next step in growing Egeniq with.
With a specific niche – mobile app development – and an interesting customer base, including BNR Nieuwsradio (a leading Dutch business radio station), Nederlandse Loterij (the Dutch state lottery), and Schiphol Airport, Ivo Jansch and Peter Verhage met with a great deal of interest. “We met again and again, and went through many scenarios,” M&A specialist Frank Troost remembers. He advised the transaction together with Koen van den Houdt and Sem Hage. “The only scenario Ivo and Peter declined was a 100% sale. They are still full of ambition and are eager to keep playing an active role. Egeniq’s focus remains unchanged, but under the flag of MyBit, the business can continue to grow.”