Belgian IT services provider Tyneso has announced a strategic partnership with Pride Capital Partners, marking a significant milestone in its growth journey. The investment firm has taken a substantial minority stake in Tyneso, signaling its fourth major platform investment in Belgium.
Founded in 2005 and headquartered in Zemst, Tyneso has earned a reputation as a trusted IT solutions partner for medium and large enterprises, especially those operating across international markets. The company boasts strong expertise in sectors such as transportation and production, and places a high emphasis on regulatory compliance and information security.
The partnership with Pride Capital Partners aims to accelerate Tyneso’s expansion, both organically and through strategic acquisitions. The investment will provide the company with capital, access to an extended business network, and strategic guidance to support its buy-and-build strategy.
“In the past years, we have grown into a healthy-sized company with a great team”, says Steven Tytgat, Founder and CEO of Tyneso. “We believe the time is right to bring in an external financial partner to scale to the next level. Pride Capital Partners brings both the financial muscle and the strategic experience to help us realize our ambitions across Europe.”
Tyneso plans to broaden its service offerings and expand its geographic footprint to further support its growing international client base. The company currently serves businesses with 50 to 1,000 IT users, offering services ranging from Azure cloud and IT security to service desk support, workplace solutions, and network connectivity.
Lars van ‘t Hoenderdaal, Managing Partner at Pride Capital Partners, expresses strong confidence in the partnership. “Tyneso’s established presence in Belgium, its diversified global client base, and its proven ability to comply with regulatory standards make it a long-term partner for both existing and future customers. We see considerable opportunities for value creation through both organic growth and strategic M&A initiatives.”
