ilionx

Ilionx is a leading Dutch IT-Services provider focused on customers in regulated industries and the public sector.
ilionx has over 1,200 employees across thirteen locations in the Netherlands and offers digital strategy, cloud-oriented application development, data & AI solutions, hyperautomation services and managed services to organizations that are fundamental to the Dutch economy and for the people in the Netherlands.

Investment Thesis

• Strong underlying market growth driven by digitalization, hyperautomation and AI & data analytics deployment needs
• Strong base of blue chip customer in public and highly regulated industries that can be built out and further diversified
• Further potential to drive consolidation in the fragmented Dutch IT Services landscape and build out a strong employer brand to continue attracting, training and reatining top talent

Main Transformation Initiatives

• Drive organic growth by increasing cross-sell and up-sell
• Strengthen select service line offerings
• Consolidate fragmented market