DJ Prodware: Prodware is ramping up its European expansion with the acquisition of Protinus, further strengthening its footprint in the Large Enterprise and Public Sector markets
Prodware
Prodware: Prodware is ramping up its European expansion with the acquisition of Protinus, further strengthening its
footprint in the Large Enterprise and Public Sector markets
17-Oct-2023 / 20:18 CET/CEST
Dissemination of a French Regulatory News, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
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Press release
Paris, 17 October 2023, 8:00 pm
Prodware is ramping up its European expansion with the acquisition of Protinus, further strengthening its footprint in
the Large Enterprise and Public Sector markets
Prodware is a leading and major digital transformation enabler. Prodware, in line with its growth strategy, has just
acquired Protinus, securing and strengthening its market position.
Protinus is a leading company in providing IT Hardware, Software & Services for the public sector in The Netherlands
and generated more than 295 million euros in revenue in FY2022.
The Company specializes in serving organizations with 5.000+ workspaces active in Central and Local Government,
Healthcare, Education and Large Enterprises.
Its consistent double-digit annual growth since 2018 highlights the effectiveness of its strategy. Protinus has
developed its 'Find - Connect - Enhance' business model to bring clients the 'best IT has to offer' using the largest
IT partner network in the Netherlands through agile agreements and efficiently coordinating this to provide
comprehensive solutions for its clients.
The position and approach align perfectly with Prodware's growth strategy:
-- Substantial market share expansion in existing geographic regions, particularly in the Netherlands
-- Accelerating our presence in the large enterprise and public sector markets, where Protinus is a major
player
-- The creation of a leading Benelux group 9 months after the acquisition of Westpole in Belgium and
Luxembourg
-- Building up the Group portfolio with immediate, tangible synergies between Prodware, Westpole, and
Protinus
« Protinus complements our other group companies exceptionally well. This coming together will create substantial value
for all stakeholders, including employees, clients, and partners, reaffirming our position as a key player in digital
transformation across Europe." Said Alain Conrard - CEO of Prodware Group.
« Protinus is proud to become part of the Prodware group. We will immediately reap the benefits of the group's presence
in 14 countries, with access to a diverse clientele and a wealth of expertise. Protinus will, in turn, share with
Prodware and Westpole, its extensive knowledge in serving large enterprises and organizations in the public sector,
including its expertise in the field of managed sourcing through a large network of IT partners, enabling the whole
Group to cater instantly to any IT requirement. This coming together will benefit all the Group» indicated Vincent
Verbiesen - Managing Director of Protinus
About Protinus
Protinus boasts a clientele that includes Central and Local Government, Healthcare, Education and Large Enterprises. By
finding and offering the best specialized IT partners in the market, customers are able to instantly cater to any
internal IT requirement, underscoring once again full-blown IT functional, technical and financial agility. This
partner network comprises software and hardware manufacturers, integrators, MSPs, and more, to deliver top-tier
services and the most cutting-edge technological solutions to its customers. Its unique positioning with regards to
technology vendors and its flexible and scalable agreements, set it apart from its competitors. Protinus is a leading
hardware, software, XaaS service provider and excels in providing strategic guidance through a comprehensive single
streamlined contract offering.
For more information go to: www.protinus.nl
About Prodware Group
With more than 30 years of experience and know-how in IT innovation, we strive to provide value and expertise to our
customers around the world. Whether we're implementing ambitious cloud strategies, cybersecurity solutions, developing
AI-powered decision-making tools, or creating IoT applications or deploying ERP and CRM solutions, Prodware is always
at the cutting edge of innovation. Since its inception, Prodware has leveraged technological progress to help
businesses prepare for the future by creating new economic models for the manufacturing, sales, distribution, finance
and professional services industries. The Prodware Group includes more than 1800 employees across 14 countries. It
generated revenues of EUR188M in 2022. Prodware SA is listed on Euronext Growth and is eligible for FCPI and SME PEA.
For more information go to: http://www.prodware-group.com
PRODWARE
Stéphane Conrard
Directeur financier
T: 0979 999 000
investisseurs@prodware.fr
PRESSE
Gilles Broquelet
CAP VALUE
T: 01 80 81 50 00
gbroquelet@capvalue.fr
EURONEXT GROWTH
ISIN FR0010313486 - ALPRO - FTSE 972 Services informatiques
Prodware est éligible FCPI et au PEA PME- Entreprise responsable, Prodware est adhérent du Global Compact.
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Regulatory filing PDF file
File: PRODWARE - CP PROTINUS - 17.10.2023
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Language: English
Company: Prodware
45 Quai de la Seine
75019 Paris
France
ISIN: FR0010313486
Euronext Ticker: ALPRO
AMF Category: Inside information / Other releases
EQS News ID: 1751133
End of Announcement EQS News Service
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1751133 17-Oct-2023 CET/CEST
Image link: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=1751133&application_name=news
(END) Dow Jones Newswires
October 17, 2023 14:18 ET (18:18 GMT)
