Belgian IT company Tyneso joins forces with Pride Capital Partners

Pride Capital Partners invests in the Belgian IT services company Tyneso, hereby realizing its fourth platform investment in Belgium. In addition to providing financing, Pride Capital Partners acquires a significant minority stake in Tyneso. Through this partnership, Pride Capital Partners will actively support Tyneso’s management in executing its organic growth strategy, while also providing capital, network access, and strategic guidance to accelerate the company’s expansion in line with its envisioned buy-and-build strategy.

Founded in 2005 and headquartered in Zemst, Tyneso has established itself as a trusted partner for organizations seeking reliable IT solutions. Tyneso specializes in delivering tailored IT services to medium and large enterprises, with in-depth expertise in sectors such as transportation and production. The customers of Tyneso often operate in various countries, therefore Tyneso serves their customers on a global scale. Holding a range of certifications in compliance and regulatory standards, Tyneso emphasizes a strong commitment to information security and reinforces its position as a reliable and trustworthy IT solutions provider.

In recent years, Tyneso’s management has consistently demonstrated the ability to grow, enhance, and expand the company, with a strategic focus on delivering quality service and reinforcing its commitment to long-term customer partnerships. In the coming years, Tyneso will focus on broadening its service offerings and strengthening its geographical presence to further support its clients in their growth journeys. In close collaboration with Pride Capital Partners, Tyneso is actively pursuing strategic acquisitions to accelerate the expansion of its service capabilities and geographical presence.

Steven Tytgat – Founder and CEO of Tyneso:

“In the past years we have grown on our own to a healthy size company with a great team, with which we are able to service a significant number of long-term clients in the Benelux. We believe that we need an external financial partner to scale the company to the next level. Mostly on the M&A side we see a lot of opportunities. The investment gives us the opportunity to accelerate our ambitions to become an even bigger player in the European IT market. With Pride Capital Partners as our strategic partner, we now gain not only financial strength but also the seasoned expertise required to pursue our next phase of development."

Lars van ‘t Hoenderdaal – Managing Partner Pride Capital Partners:

"We are pleased to embark on our partnership with Tyneso. Its current position with regional presence across Belgium, an impressive and diversified client base that operates on a global level, deep sector knowledge in industries like transportation and production, and the company’s ability to be compliant with all regulations makes them a trusted long-term partner for current and future customers.  We see significant potential for value creation by supporting both Tyneso’s organic growth initiatives and targeted M&A opportunities through our hands-on approach.”

About Tyneso

Tyneso is a Belgium IT company founded in 2005. With its local presence across Belgium and a broad range of IT offerings, Tyneso specializes in providing IT solutions for large and medium-sized companies with typically 50 to 1000 IT users. Among many services, Tyneso offers a broad range of services from azure cloud, IT-security, skilled service desk, modern workplace and network connectivity.

‍