Hightech Partners - ITP Management Buy Out

Brussels, September 17, 2010 – Hightech Partners - ITP, a leading European search and management consulting company in the Technology industry in Europe, has concluded an internal restructure in order to capitalize on future growth opportunities. 

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Five Existing Partners of Hightech Partners - ITP have taken over the shares and assets of the existing shareholder and created a new corporate and financial structure in order to secure and support the future international growth of the firm. In this context Hightech Partners - ITP has appointed Raffaelle Jacovelli and Bert Vermeiren as Managing Directors.

Raffaele Jacovelli, has held senior Marketing, Sales and General Management positions with multinational High Technology companies: the Italian National Research Center, Modcomp, Informix Software, AC Nielsen, Olivetti and Merrill Lynch South Europe Headquarters. He joined Hightech Partners in 2006

After a career in professional organizations (VKW, Agoria) Bert Vermeiren, was active in leading HR positions in Technology companies such as Philips, IBM Belux, L&H Speech Products and Real Software (now RealDolmen). He joined Hightech Partners in 2005.

Etienne Reeners, Founding Partner of Hightech Partners - ITP comments: “This September Hightech Partners - ITP celebrated its 25th anniversary, and it was time to prepare and position the firm for future growth; I therefore initiated this MBO process and invited the participation of additional shareholders. I remain a shareholder and Founding Partner. The new structure will permit me to increase my time with our Clients and respond to their ever more complex needs”.

Raffaele Jacovelli and Bert Vermeiren, Managing Directors, comment: “We are excited about the opportunity to further serve the Technology industry and to grow the search and management consulting business of Hightech Partners - ITP together with the existing and newly appointed Partners. We will pay special attention to our further international expansion in Europe, Middle East and Africa and to the cooperation with our partners in the ITP Worldwide Alliance. As we are a real industry specialist with a strong international network, we will also further diversify our offering from our traditional Search Services, to Board Diversification Search, Executive Assessment and M&A Services.”

 

About Hightech Partners

 

With 27 years of experience Hightech Partners - ITP is one of the leading boutique search firms in the Technology industry in Europe helping clients in IT Services, IT Consulting, Telecom, Internet & Media, Software, Hardware, Distribution and Cleantech. The company offers Search Services, Board Search, Management Assessment and M&A Services. Hightech Partners – ITP has offices in Brussels, Belgium, and Geneva, Switzerland, with Partners located in each main geography of Europe.

Hightech Partners - ITP is part of ITP Worldwide, an alliance of specialized search and consulting firms in the Technology industry in the US and Asia.

 

 

Contact persons

 

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Hightech Partners 

32 2 663 1600

www.hightechpartners.net

 

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