Qconcepts
Status
Current
Country
Netherlands
Strategy
Small Cap
Sector
Entry
May-24
Fund
IK SC III
Website
News
Qconcepts and VanLoman join forces for qualit...IK Partners invests in Qconcepts
Leading audit-focused specialist in the Netherlands
Founded in 2009 by four former PwC colleagues, Qconcepts (“the Company”) is a leading audit firm in the Netherlands catering to small and medium-sized companies. Since inception, the Company has grown to more than 140 employees who serve over 500 national and international clients from six offices in the Netherlands and an office in Spain.
As Qconcepts operates across a broad range of sectors, including Private, Healthcare, Housing and Non-Profit, it benefits from a diverse and loyal client base.
IK Partners acquired its stake in the Company in May 2024 from its founding partners, who retained a large minority stake.
What Attracted Us to the Business
- Recurring revenue model
- Strong focus on company culture and high employee satisfaction
- Opportunity to move into high growth non-financial audit markets such as ESG and IT
- Fragmented market with opportunity to drive consolidation
Our Value Creation Strategy
We are working with management to:
- Continue driving organic growth;
- Focus on retaining and recruiting new employees to support the Company’s evolution;
- Expand into adjacent markets such as mandatory ESG audits and IT audits; and
- Execute a selective buy-and-build strategy.
