IT specialist Cheops signs strategic partnership with Chequers Capital

Strengthened Belgian base for foreign expansion

 

IT specialist Cheops signs strategic partnership with Chequers Capital

Strengthened Belgian base for foreign expansion

 

Kontich, 25 July 2023 - Cheops, the leading Managed Services Provider, is joining forces with Chequers Capital as a new strategic partner. This partnership will allow Cheops to realise its ambition for national and international growth.

Chequers Capital is one of Europe's most renowned international private equity groups. As an experienced and stable partner, this fund provides Cheops with access to its international network.

This investment in Cheops confirms the successful trajectory the IT specialist has been on over the past few years and shows confidence in the company's continued growth potential. Chequers Capital is investing in Cheops from its 18th fund.

The investment fund is redeeming Indufin Investment Fund within Cheops' structure. Chequers Capital moves into the position of majority shareholder. CEO Filip Goos remains reference shareholder, reinvesting with management.

We are impressed by Cheops' consistent growth, entrepreneurial management team, and ability to retain quality customers. Cheops is building on the recipe for success of service excellence and succeeding in further scaling the business while maintaining its operational strength. We are particularly pleased to join Filip Goos and the team. This will allow us to continue building on this growth story together organically and with strategic acquisitions at home and abroad.

- Aurélien Klein, Managing Partner Chequers Capital

 

As a specialised Managed Service Provider, Cheops is an indispensable support and advocate for our customers. The digitisation of the economy is accelerating, combined with the increasing complexity of IT systems. Moreover, talent is scarce in this sector. By working with us, companies can move quickly without having to make extensive investments themselves. From its strengthened position with Chequers Capital, Cheops will now further focus on developing innovative solutions. These offer real added value for our customers' businesses.

- Filip Goos, CEO of Cheops

 

Cheops can grow further thanks to this new partnership, both organically and through acquisitions. The IT specialist is initially considering targeted acquisitions in areas such as Workplace Management, Cloud, and Cybersecurity, both in Belgium and neighbouring countries.

Cheops wishes to explicitly thank Indufin for the happy and successful cooperation over the past five years.

 

About Cheops Technology

Cheops Technology ("Cheops") is a reference player in IT & Business Technology Services. Cheops ensures that companies can continue to develop their business without new technology overtaking them or old technology holding them back. With proven technology, Cheops makes companies more efficient, productive, and competitive. Cheops was founded in 1989 and today employs more than 400 people.

About Chequers Capital

Chequers Capital ("Chequers") is a pan-European investment company with 25 investment professionals focusing on investments in the Benelux, France, the DACH region, and Italy. Founded in 1972, Chequers is one of Europe's oldest investment companies with over €2.5bn of assets under management and investments in more than 350 companies, today investing from fund 18. The focus is on companies operating in a B2B environment with strong underlying potential where we work with founders and management teams to create robust, well-positioned companies with excellent long-term prospects.

 

For press inquiries or further information, please contact:
Hans Van Goethem
Account Director – FINN Agency
+32/471.13.90.46
Hans.vangoethem@finn.agency

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