Transaction

Clearwater advises Investcorp on the acquisition of Netrom Software from Icelake Capital

Transaction

Investcorp acquired Netrom Software from Icelake Capital

Buy-side

Undisclosed

Role

Adviser to Investcorp on the acquisition of Netrom Software from Icelake Capital

Sector

Tech & Tech Services

Region

Netherlands

Clearwater advises Investcorp Technology Partners on the acquisition of Netrom Group B.V. from Icelake Capital.

Clearwater has advised Investcorp Technology Partners (Investcorp), a leading global technology investor, on its acquisition of a majority stake in NetRom Group B.V. (NetRom), a cloud-first digital engineering company from Icelake Capital, in this cross-border transaction.

Investcorp has established a market-leading position of investing in lower mid-market technology companies with a specific focus on software, data and analytics, cyber security, and fintech.

Located in the Netherlands and Romania, NetRom develops business-critical custom software applications. The company serves both corporates and ISVs in eight countries across Europe and the US.

Having advised NetRom’s former shareholders on the sale of their shares to IceLake Capital in 2019, Clearwater had the opportunity to help Investcorp as a new shareholder on board at NetRom.

image 66

We are very pleased with the opportunity to partner with NetRom’s management team to further accelerate its growth trajectory. Clearwater’s in-depth knowledge of the company and the market it operates in, together with their efficient process support, helped us to be excellently positioned to win this transaction

Georg Knoflach, Managing Director, ITP
image 66

From day one we believed that there was a strong cultural fit between the ITP and NetRom teams and we are very pleased that we could again play a role in NetRom’s impressive growth trajectory.

Willem Daris, Partner, Clearwater

Advisers

Transactions