Holland Venture invests in Mobile Accessories company Telco Accessories B.V.

Amsterdam, 12 December 2017 – Together with the management, Investment company Holland Venture invests in the internationally active Mobile Accessories provider Telco Accessories B.V. The investment allows Telco to realise her growth ambitions by means of both organic growth and a developed buy-and-build strategy.
Founded in 2008, Telco accessories B.V, develops and sells its own brands Xtorm and Gecko Covers. Xtorm is market leader in the field of charge solutions and products include power banks, solar chargers, cables and power home-solutions. Gecko Covers develops protective covers and accessories for e-readers, tablets and Macbooks. Telco Accessories B.V. continuously catches up with the latest trends and innovations. The design and quality of their products have regularly been acknowledged by awards such as the RedDot Design Award and the High-Tech Award.

Buy-and-build strategy
Holland Venture acquired the shares of the previous majority shareholder Nedvest. Together with the management, Holland Venture invests to successfully realise a buy-and-build strategy. The first acquisition of Gecko Covers has already been completed in January 2016.  Ralph Both, CEO Telco Accessories B.V.: “We are ready to effectuate our buy-and-build strategy. We consider Holland Venture as an experienced partner, who can support, bringing our organisation to a next phase.” The company will focus on the acquisition of mobile accessory providers and the continuous development of in-house technologies to increase its current product portfolio.

In-house technology
“Telco Accessories B.V. is positioned in a vastly growing market in which she has a large network and an advantageous relationships with both online and offline retailers. We see a lot of acquisitive possibilities. The extensive market knowledge also provides a unique opportunity to develop patented in-house technology.  Together with the management we would like to see Telco Accessories B.V.  grow to a technology driven organisation with a wide range of products”, according to Hubert Verbeek, Managing Partner Holland Venture.

About Holland Venture
Over the past 35 years, Holland Venture has invested in more than 130 Dutch SMEs in a responsible and successful manner. With a clear investment strategy, Holland Venture is active in the attractive growth markets of both Healthcare and Technology. The experienced and involved investment team knows what entrepreneurship is like. With the joint goal of achieving growth, Holland Venture strives for an open, sustainable and professional relationship with the management teams of the companies in which she invests. Holland Venture is supported by a broad network of successful healthcare and technology entrepreneurs.