German IT services provider Bechtle has expanded its footprint in the Netherland with the acquisition of PQR, an IT services provider with a focus on hybrid cloud environments.
Founded in 1990, Utretch-based PQR has 170 employees and claims to have achieved revenues totalling around 100m in the last fiscal year.
Its system house business includes hardware and software resale, IT consulting and managed services, which Bechtle said complements its current e-commerce business in the Netherlands.
PQR CEO Marijke Kasius and managing director Marco Lesmeister will continue at the company in the same roles, with the firm’s name also remaining unchanged.
“The merger with Bechtle is good news for our customers and for our team. Both companies' services perfectly complement each other, enabling us to offer our customers a comprehensive portfolio,” said Kasius. “After the successful transformation and growth of our services activities in recent years, driven by our team and supported by Dutch investment company Intersaction, which has been a shareholder since 2017, I am delighted that PQR and Bechtle are now joining forces."
The German system integrator said the acquisition is a continuation of its strategy, which, for the IT system house & managed services segment, has also included locations outside of Germany, Austria and Switzerland since 2021.
Bechtle said with its traditional system house organisation and portfolio, PQR is a seamless fit for its decentralised organisation in the IT system house & managed services segment.
Until now, Bechtle has had independently-run system house companies at over 80 sites in Germany, Austria and Switzerland.
PQR is now expanding the reach of the IT company to a market in another country, the firm said.
Together with PQR, the Bechtle Group now has a network spreading from Maastricht to Eindhoven, 's-Hertogenbosch to Utrecht and Hoofddorp near Amsterdam and employs some 715 staff in the Netherlands.
"PQR presents a very good opportunity for us as we continue on our path of strategic internationalisation,” added Dr Thomas Olemotz (pictured), CEO, Bechtle AG. “We have been active in the Dutch market for over two decades and with a new, highly competitive system house, we are now able to unlock further growth potential. To be able to do so with PQR promises to be both a compelling and successful venture."