JBR has assisted the owner of Network2day B.V. and Prones B.V. with the sale to Infotheek.
Network2day is the specialist in the field of (wireless) network solutions of HP. By combining hardware sales with specialized knowledge Network2day offers added value to both public and private parties. Infotheek has earned its reputation in the sale of (refurbished) IT hardware in several European countries.
Network2day is known in the market as HP network specialist. In recent years the company increased its focus on providing specific knowledge to complement the hardware. In the marketplace, volume becomes increasingly important. The owner decided to examine the option of a sale because this was in line with the strategic vision to connect with a party that provides volume and because he had no successor. Infotheek eminently masters the trade in volume and wishes to further develop in the field of complementary services. The acquisition of Network2day contributes to this desire.
JBR efficiently managed the entire sales process. We approached the parties, drafted and fully negotiated the letter of intent and we coordinated the entire process from due diligence till final negotiations on drafting the final transaction documents. The result is a transaction with a sustainable perspective and growth for both Infotheek and Network2day.
Infotheek acquired the shares of Network2day and Prones on June 30, 2015. The director shareholder has the responsibility within Infotheek to further finalize and expand the network unit.