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2yrs ago Private Equity privateequitywire Views: 399

Keensight Capital takes majority stake in RAM Infotechnology

Submitted 20/04/2021 - 9:07am

Keensight Capital, a private equity managers dedicated to pan-European Growth buyout investments, has acquired a majority stake in RAM Infotechnology (RAM-IT), a leading managed services company dedicated to the Healthcare sector based in the Netherlands. 

Keensight Capital will leverage its extensive experience in Tech and Healthcare to support RAM-IT’s founders and management team in their ambitious development goals.

Founded 20 years ago, RAM-IT is the leading player in managed services for the Healthcare sector in the Netherlands and a technology leader in Europe, with 220 employees expert in IT infrastructure management. Growing steadily for many years, RAM-IT’s revenues have increased by 20 per cent per year on average and will reach EUR45 million in 2021.

Focused on the care and cure markets, the company has a customer base of close to 300 and deploys its know-how in nursing homes, specialised clinics, care centres, and hospitals, managing for them the entire IT software structure so that they can be concentrated on the medical services they provide to people.

Keensight Capital has taken a strategic stake in RAM-IT in order to contribute – with knowledge and capital – to RAM-IT’s objective to continue playing a leading role in the market of managed services for Healthcare, at a time when investments, innovation, and scale are required to meet the needs of customers and always better serve patients.

Keensight Capital has strong experience with fast-growing companies in Tech and Healthcare and sees RAM-IT as the ideal partner to serve this expanding market in Europe. The investment in RAM-IT is a perfect illustration of the proactive screening approach elaborated by Keensight Capital's teams all over Europe to invest in the best companies in growing market segments.

Alongside the management team and the co-founders, Joachim Kaarsgaren and Dirk Fabels, who will remain invested and actively involved in RAM-IT’s operations, Keensight Capital will contribute to the leading market position and further growth of the company.

Joachim Kaarsgaren and Dirk Fabels, Co-founders of RAM-IT, say: “We are thrilled to partner with Keensight Capital, which has demonstrated a deep understanding of our business and our core strengths. Technology is changing rapidly and is becoming increasingly complex. We plan to continue to lead the way as a premium cloud service partner for the healthcare sector. Our commitment to customers will remain intact with an even better service for the end users. By joining forces and benefiting from the support of Keensight’s team, we are convinced that we will continue to grow, to innovate, to structure our approach, and to remain the leader.”

Philippe Crochet, Managing Partner of Keensight Capital, concludes: “Our investment in RAM-IT perfectly illustrates our strategy of investing in pure-player European leaders with a unique know-how and recognized expertise in a sector showing strong growth. Together with the management of RAM-IT, our in-depth knowledge of the specifics of Tech and Healthcare will allow the company to expand its leading position and take full advantage of the great opportunities the sector offers.”

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