Amsterdam – CFI is delighted to announce that it acted as the buy-side corporate finance advisor to KLAR Partners in its investment in hallo,. KLAR Partners will invest as a majority growth partner alongside the present owners, Vortex Capital Partners and hallo,‘s management. This transaction marks KLAR Partners’ first platform investment in the Netherlands.
hallo,’s automated services platform provides small and medium sized clients with a one-stop-shop for mission-critical IT services. Services include among others the Microsoft modern workplace, security, communication/UC, connectivity/SD-WAN and a growing practice in Dynamics CRM and Data Warehousing/Power BI. hallo, currently employs 350 employees, with offices in the Netherlands, Spain and the Caribbean. In 2022, the company achieved sales of approximately EUR 70 million.
About KLAR Partners
KLAR Partners is a European private equity firm focused on investments in companies operating in business services and industrial technology. The companies in which KLAR invests each have an annual turnover of approximately EUR 50-500 million and are headquartered in the DACH, Nordics, and Benelux regions. With investment professionals located in London, Stockholm, Frankfurt, and Brussels, together with a broad international network in the industry, KLAR Partners has a proven business model to support, develop, and grow companies.
About the transaction
As a leading Dutch provider of mission-critical IT services for SMEs, the company is well-positioned for accelerated growth and, with support from KLAR Partners, aspires to become the champion in the growing SME market in Europe through international expansion and significant continued M&A. Vortex Capital Partners and hallo,’s management and key employees will remain invested in the hallo, growth story.
CFI’s role in the process
CFI recognises that the complexity of buying mission-critical IT services is a pain point for SMEs, while the needs are growing. There is a strong demand for a go-to reference brand with scale for SMEs, that are clearly underserved. KLAR Partners will continue building that brand with hallo,. CFI’s support to KLAR Partners in this competitive process encompassed market intelligence and assessment, stakeholder management, KPI and valuation benchmarking with peers, as well as input on international buy-and-build potential.
“This investment aligns perfectly with KLAR Partners’ strategy to support companies providing mission-critical services in resilient and growing markets. The strong growth of hallo, in recent years has been impressive and clearly reflects the strength of the platform, as well as the culture of the company. We look forward to working with management and Vortex Capital Partners to support hallo, in further accelerating its growth, particularly its plans to expand across Europe”, commented Alex Kulikowski of KLAR Partners.
Kulikowski continues: “We have worked closely with CFI over a number of projects and value their insight and experience in the Software & IT Services market. We are thankful to CFI for helping us secure the hallo, transaction. Their network, stakeholder management and sector expertise were important in making this deal happen.”
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