March 6, 2020

Nordian sells its stake in Open Line

Nordian sells their majority stake in Open Line, one of the fastest growing Managed Cloud Services providers in the Netherlands, to Capital A.

Open Line ( has its origin in the Dutch province Limburg and has, over the past 17 years, become one of the Dutch market leaders in the field of Managed Cloud Services. With more than 230 employees, Open Line offers its services to the top end of the Dutch midmarket. The company has offices in Maastricht-Airport, Landgraaf, Eindhoven, Capelle aan den IJssel and Amsterdam. Open Line’s Managed Services covers the entire cloud spectrum, from private cloud to public cloud and the combined alternative (hybrid cloud).

Open Line entered into a partnership with Nordian Capital Partners in 2016. The goal was to grow Open Line in a controlled manner with a focus on the Managed Services’ proposition, particularly in healthcare and towards local government. The underlying business plan has resulted in Managed Services revenue growth of more than 25% per year and will exceed EUR 40 million revenues in 2020.

“On behalf of Open Line, we would like to thank Nordian for their support in bringing focus in our commercial strategy and support in building our organization. The result that we achieved is not purely financial, but our position in the healthcare market in particular has also been considerably strengthened. In addition, our services have become less dependent on cyclical fluctuations over the last three years, which has resulted in a very stable business model.” said Michiel van Lamoen, CFO of Open Line.

“Open Line has been a great investment, whereby the company has further developed in terms of turnover, organization and geographical coverage in the Netherlands. Open Line has also proven that enthusiasm and passion of the management team, combined with our years of experience at various companies, can lead to true success. The results of the last four years speaks for themselves. We would like to thank the management team and all the employees of Open Line for the cooperation.” said Tijs Akkerman, Partner at Nordian Capital Partners.