Holland Venture and management sell their shares

Amsterdam, 25 April 2018 – Earlier this week, the shareholders of fintech company Virtual Affairs signed the contracts to sell their shares to We are you. (a participation of ABN AMRO Participaties). The management team of Virtual Affairs will remain active at the company.

Virtual Affairs supplies digital solutions to the financial sector. Their flagship products are ‘BankingRight’ and ‘InsuranceRight’. Many large and great companies are part of their client portfolio, for example; Knab, ABN AMRO, Achmea, Van Lanschot, Optimix, Rabobank and TD Bank.

Active growth strategy
Since November 2013, Holland Venture has been shareholder in Virtual Affairs. They actively supported the management with strategic development of the company. A clear focus on the financial services market segment was defined, and through the orientated approach their own products ‘BankingRight’ and ‘InsuranceRight’ were deployed on both the Dutch and the international market. Robin Peters, Managing Partner at Virtual Affairs, comments: “Innovation, creativity and quality are the basics for the success of Virtual Affairs. Over the past years we have grown very well autonomously, thanks to the help of Holland Venture and the chosen strategy. As part of We are you. Virtual Affairs will now gain extra strength to continue to the next growth phase.” Ewout Prins, Managing Partner Holland Venture adds “We are proud on the successful collaboration over the past years with Virtual Affairs. The chosen strategy has paid off. We wish Virtual Affairs and We are you. a successful collaboration together.”

We are you., “Better together”
Virtual Affairs is the fourth brand within the We are you. group. Together with Virtual Affairs We are you. has branches in Amsterdam, Rotterdam, Tuil, Den Bosch, Sofia, Minsk and Melbourne, and now has over 350 employees. “We are you. strengthens itself with this acquisition in the vertical “finance”. Virtual Affairs features a lot of branch-specific and complex knowledge, as well as ready-to-use solutions for banks and insurance companies.”, according to Jorg Verweij, CEO of We are you. “Just like other acquisitions in the We are you. brand, Virtual Affairs will remain to operate independently.”

Erik Lamers, Managing Partner at Virtual Affairs, is also enthusiastic about the acquisition: “We are very happy with the next step in our development. Our customers recognize us as a very professional partner and now we can offer them even more security and scalability. On a technical level, we can learn from each other.”

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 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.