Investec has advised Speer IT on the carve-out of KLIC software from The People Group, a portfolio company of Antea Participaties.
About the deal
Speer IT, an asset management software firm based in Baarn, has acquired KLIC software and associated services from The People Group. Founded in 1999, Speer IT has grown into one of the Netherlands’ leading providers of fiber optic registration and asset management software. The firm employs over 40 professionals and serves major international telecom clients with digital solutions for regulatory, asset information, and operational coordination needs.
Following a strategic evaluation, Speer IT decided to acquire KLIC software, which closely aligns with its existing offering and expands its infrastructure and utility data solutions. The transaction strengthens Speer IT’s position in automated regulatory reporting and underground asset information services, supporting further growth of its digital capabilities.
This carve-out provides Speer IT with access to an extensive network of fiber operators across the Netherlands, Germany, Belgium, France, Finland, and Ireland. The transaction also builds on the long-standing collaboration between Speer IT and The People Group through the alignment of the GSD-suite and Cocon Fiber, enabling automation in the design and uploading of infrastructure networks. In addition, The People Group becomes a certified Cocon engineer.
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We look forward to serving and supporting these new customers with the same dedication – and the renowned quality of our KLIC services – as we do our existing customers.
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We are very pleased to have a partner who will serve our customers with the same commitment, ensuring that the service provision and further development of KLIC services are in safe hands.
Our role
Investec advised Speer IT throughout the entire buy-side process up to closing, including:
- Defining the acquisition rationale and carve-out strategy
- Defining deal tactics
- Supporting the assessment of carved-out assets
- Coordinating the due diligence process
- Managing the transaction timeline and stakeholder coordination
- Participating in final negotiations to optimise the terms and conditions
