ICT Group has signed a letter of intent to acquire 100 percent of the shares of Proficium. This fast-growing company from Breukelen delivers consultancy services and secondment in the infrastructure market. Its offering includes developing and deploying tooling and database applications. Proficium has over twenty employees and generates an annual turnover of around 3 million euros. The transaction is expected to be closed in August 2019. Further financial details will not be disclosed.
The Proficium acquisition is in line with ICT’s buy-and-build strategy, combining healthy organic growth with selective acquisition opportunities. With the existing water and infrastructure activities of ICT Netherlands and the acquisitions of Nedmobiel and Intraffic (links in Dutch), the group is already firmly positioned in the Dutch infrastructure consultancy and engineering market. The specific skills of Proficium with regard to asset management and maintenance engineering further strengthen ICT’s position in this market.
“Proficium is a well-respected supplier on the Dutch infrastructure market,” comments ICT CEO Jos Blejie. “As Nedmobiel and Proficium have already successfully worked together on many projects, we believe that these companies have a perfect cultural fit. This acquisition enables us to further strengthen our position for engineering and consultancy in smarter cities.”