Amsterdam, 06th October 2023 – FIELDS Group is pleased to announce the acquisition of a majority interest in TTNL (“TTNL”). TTNL is a leading IT-Infrastructure service provider in the Benelux region and other selected countries, specializing in end-to-end expertise in setting-up, maintaining and optimizing mission-critical hybrid multi-cloud IT-Infrastructures. The aim of the partnership is to build on the successful heritage of TTNL and to grow the company into a leading provider in Europe. At the same time FIELDS Group will support the transition from Nicolai Kippersluis (Founder & CEO) to a new management team with Michel Luxembourg (CCO) and Derk-Jan Boon (CTO) taking on even more prominent roles.
“After 30 years of steady organic growth it is time for TTNL to enter another ´Next Level´ and with FIELDS Group we have found a financially solid and very capable partner to realize our ambitions”, says Nicolai Kippersluis, Founder & CEO of TTNL. “Together we will aim to support our customers even deeper and wider with their enterprise hybrid multi-cloud IT-Infrastructure environment to enable them to deal with the demands and challenges of their business. The availability and protection of the ever-growing business-critical data is key to this. Besides that, we want to replicate the success of TTNL in the Benelux market in other European markets, also to improve the support for our multi-national customers.”
“I look forward to a successful collaboration and am confident that together we will achieve significant success. FIELDS Group is the ideal partner for us to realize our growth objectives. Their expertise, resources and network will enable us to complement our successful organic sales- & marketing-strategy by broadening our European footprint via Buy & Build. Together with the whole team we will work tirelessly to capitalize on the opportunities ahead,” comments Michel Luxembourg, CCO of TTNL. Derk-Jan Boon, CTO of TTNL, adds: “I’m thrilled by this opportunity to jointly grow TTNL with FIELDS Group to the ´Next Level’. From the technology perspective I see numerous opportunities to extend the knowledge, expertise and experience by acquisitions and partnerships, making TTNL the brand to consider for the challenges the IT ‘world’ is facing today and tomorrow.”
André Reitz, Investment Manager at FIELDS Group, adds: “We are proud to partner with TTNL. We are particularly looking forward to support Michel, Derk-Jan and the rest of the TTNL-Team in their continuous move towards becoming a full-service data management provider for complex IT-Infrastructures and the further internationalization of the business. Also, we are glad that Nicolai will continue as a co-shareholder and are certain that his expertise and market knowledge will be of great value on our joint way forward.”
TTNL with its headquarters in Culemborg (Netherlands) is specialized in data management in the hybrid multi-cloud. The focus is on optimizing these complex hybrid multi-cloud environments both technically and economically and to ensure business critical data is available and protected. The company has built up strategic partnerships with companies like IBM, Red Hat, PureStorage, Netapp, Lenovo, Dell, VMware, Equinix, Varonis, Veeam and Rubrik.
About FIELDS Group
FIELDS Group is an entrepreneurial hands-on investor focused on developing companies with potential. FIELDS Group invests in companies with headquarters in Benelux and the DACH region and realizes true transformations with its team.