FBM guided House of Clouds shareholders through the acquisition of Whyellow
Whyellow joins House Of Clouds. With this, House of Clouds adds Software Development to its portfolio in addition to Intelligent Analytics, Multi-cloud Control, DevOps and Cybersecurity and strengthens House of Clouds’ position as a digital specialist in the Netherlands.
Joining forces for greater impact and growth opportunities
With the forty software experts of Whyellow is putting House of Clouds takes a giant step in their position as a digital specialist. Now Whyellow is not only able to advise customers on their digital strategy, but also to realize modern (platform) solutions within that strategy. And vice versa, Whyellow’s software engineers can benefit from the cream of the crop when it comes to DevOps expertise via Day2 and CyberSecurity from Defenced, both also members of the growing family.
“Companies want to accelerate their digital business. We see that 4 components are key to this and need to work together seamlessly. The combination of software development, cyber security, intelligent analytics and cloud knowledge is unique in the Netherlands and makes House of Clouds a digital specialist that can really make an impact. We will help, accelerate and strengthen each other on all fronts. During the months of exploration, we were able to establish that we have a tremendously unified vision of corporate culture for the group and its components. A top team inevitably leads to exceptional results and there we go for,” said Sander Dekker, CEO House Of Clouds.
“Whyellow has been looking for some time for acceleration opportunities to strengthen its position and make more impact at large organizations. House Of Clouds is the perfect partner to make that happen. There is a strong and experienced management team and the sister companies have complementary knowledge that fits seamlessly with our development skills and vision. We get a lot of energy from this new adventure and are convinced that this is the next logical step in the young existence of our company. ” Michiel Lampe, Founder & CEO Whyellow:
Whyellow’s management will remain on board and will participate in the management of House Of Clouds so that the synergy can actually be achieved.
FBM acted as counsel to the buyer.