Mergers & Acquisitions

Cloudwise starts new Joint Venture: Cloudwise Belgium!

By 30 November 2020December 8th, 2020No Comments

“It was pleasant working with YES Corporate Finance, who provided us, in a relaxed setting, with professional support in realizing this important transaction.”

Good news for education in Belgium: Cloudwise Netherlands and Rhombus have established the Joint Venture Cloudwise Belgium B.V. With the knowledge and years of experience in education of Rhombus and the extensive range of ICT solutions from Cloudwise, schools in Belgium can now be completely unburdened in the field of ICT.

YES Corporate Finance has successfully assisted the management of Cloudwise Netherlands in realizing the Joint Venture “Cloudwise Belgium”.

 About Cloudwise

Cloudwise Netherlands is located in Woerden (near Utrecht) and offers various ICT solutions for education, which is supported by its own COOL learning platform and the Cloudwise Academy. The company is founded in 2009, by Huig Ouwehand, GertJan van Popering and Gijs Stijnman. Cloudwise has grown into one of the largest Google Premium Partners in the Benelux. Cloudwise makes working in the Cloud more fun, easier and faster for schools. The company has been a successful ICT partner for schools in the Netherlands for many years. More information: https://cloudwise.nl/en/

Director Cloudwise: Huig Ouwehand

“In addition to the constant growth in the Netherlands, we see an enormous need in Belgium for well-organized ICT in schools. Which is preferably nice, simple and easily arranged. That is exactly what we are good at according to our customers. Together with Rhombus, we are taking a big step in Belgium with the establishment of the joint venture. When the three of us founded Cloudwise, we never dared to dream of such a success story.”

About Cloudwise Belgium

The choice to take on this challenge with partner Rhombus was an easy one. The many years of cooperation provide a lot of confidence for a joint future in the form of Cloudwise Belgium. It supports opportunities for other partners as well, such as publishers and other education providers who are also active in Belgium.

Director Cloudwise Belgium: Philip Vermeylen

“We see many opportunities for Cloudwise Belgium. In Belgium, schools are improving towards innovative education and looking for the right infrastructure. From advice to training and from hardware to the COOL learning platform: we are happy to support these schools! Together we are of course very proud of this joyous event and we drink a nice Belgian beer on it. Cheers!”

 About Rhombus

Rhombus is a Belgian family business that has been active in the field of digital learning for many years (including sales of Chromebooks, beamers, touchscreens). Since 1995, Rhombus has been a specialist supplier and partner of education, with a strong focus on hardware and software applications and a far-reaching service provision for school, teacher and student. The company also offers an e-commerce web shop with a distribution and payment processing platform for physical and digital school learning materials.

Role YES Corporate Finance
YES Corporate Finance guided and assisted the shareholders of Cloudwise in the discussions with Rhombus.  Furthermore, YES CF supported in advanced elaboration of agreements and conditions, resulting in the establishment of the Cloudwise Belgium joint venture.
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More information:
Guido Emanuels
Partner
+31 6 204 205 33

 

YES Corporate Finance
welkom@yescf.nl