Écart takes majority stake in Escrow4all
The Hague / Amsterdam, October 7, 2021 – Écart and Escrow4all announce today that Écart has acquired a majority stake in Escrow4all, a specialist in continuity arrangements for mission-critical SaaS applications, source code escrow and verification services. The current management of the company will remain a shareholder.
Escrow4all is an ISO 27001 certified Dutch escrow provider. The company started in 2009 and has a focus team of experienced escrow experts. Escrow4all’s solutions support SaaS providers and software makers in meeting their customers’ continuity issues; escrow is a popular discipline within the IT risk, governance & compliance domain. For end users of business-critical software applications, Escrow4all reduces the consequences of the sudden loss of the maker, for example due to insolvency.
Rolf Metz, director of Écart: “Écart focuses on growing companies with a clear track record operating in markets with a lot of potential. Escrow4all has shown a decent, consistent growth in both turnover and profitability over the past years. The company operates at the intersection of business services and ICT, two sectors in which Écart specializes. Escrow4all distinguishes itself with high quality services. We look forward to supporting the company in its further growth.”
Herman Kui, founder and director of Escrow4all: “As a provider of continuity solutions, I see it as a duty to embed the business continuity of Escrow4all itself in the long term. This requires a shareholder with an unlimited horizon. As an evergreen fund, Écart invests for the long term and commits for an indefinite period of time. With the support of Écart, Escrow4all will focus on product innovation and further growth of the team. The expertise and network of this new shareholder will come in very handy.”
Escrow4all works for more than 350 software companies and more than 2,500 companies use escrow arrangements provided by the company. The company is the first escrow provider in the Netherlands to be fully ISO 27001 certified since 2013.
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Écart Invest 1 B.V. | Rolf Metz | + 31 70 3554 788
Escrow4all B.V. | Herman Kui | + 31 20 3420 250