Tracked deals
5
5 tracked deals across 2020-2025.
Operating Company
Business Services
Conclusion
Utrecht, Utrecht, Netherlands
Multidisciplinary business transformation and IT services provider combining IT knowledge with business and domain know-how to enable digital transformation. Primary focus on the Dutch market across Public Transport, Healthcare, Finance and Industry.
- Focus Areas
- Digital transformation, IT services, Data & AI consulting
- Website
- conclusion.com/en
Recent pace
1
1 tracked deal announced in the last 12 months.
Deal mix
Buyout
3 buyout · 2 addon
Conclusion Acquisition Volume by Year
Last 4 years
Supporting Data
Recent Transactions
-
November 7, 2025
- Buyer
- Conclusion, Yellowtail Conclusion
- Target
- Faraday (Faraday Digital Agency)
- Industry
- IT Services
- Location
- North Holland, Netherlands
- Type
- Addon
Conclusion, through its subsidiary Yellowtail Conclusion, has acquired digital agency Faraday to strengthen its digital design and AI capabilities for the financial sector. The deal expands the NPM Capital-backed Conclusion group’s ability to deliver integrated data, design and AI-driven customer experiences for banks, insurers and pension providers.
-
- Buyer
- Conclusion
- Target
- Neotalent
- Seller
- Novabase
- Industry
- IT Services
- Location
- Portugal
- Type
- Buyout
Dutch IT services and business transformation firm Conclusion has agreed to acquire Neotalent, a leading Portuguese IT talent and nearshore engineering services provider, from investment company Novabase. The deal (subject to customary conditions and Portuguese competition approval) brings over 800 specialists into Conclusion to strengthen its nearshore capacity for customers in the Netherlands, Portugal and Spain.
-
June 30, 2021
- Buyer
- Conclusion, NPM Capital
- Target
- D&A medical group
- Industry
- Healthcare Services
- Location
- Netherlands
- Type
- Buyout
Conclusion, backed by investor NPM Capital, has acquired D&A medical group, a Dutch consultancy specialised in digital data exchange and EHR implementations for healthcare providers. D&A will operate as an independent organisation within Conclusion's ecosystem, combining with sister company Furore to strengthen Conclusion's healthcare IT, data exchange and digitalisation capabilities.
-
- Buyer
- Yellowtail (part of Conclusion)
- Target
- Davinci Consulting
- Seller
- Ohpen
- Industry
- IT Services
- Location
- North Holland, Netherlands
- Type
- Buyout
Yellowtail, part of the Conclusion ecosystem, has acquired Davinci Consulting from Ohpen to combine Yellowtail's fintech software capabilities with Davinci's consulting expertise in mortgages, notarial services and real estate. Davinci will continue to operate under its own brand and will be headquartered in Yellowtail's Naarden offices as the combined business aims to accelerate innovation across the housing, lending and living domain.
-
December 2, 2020
- Buyer
- Conclusion
- Target
- Hot ITem
- Industry
- Data & Analytics
- Location
- North Holland, Netherlands
- Type
- Addon
Conclusion will acquire Amsterdam-based data specialist Hot ITem, pending regulatory approval from the Netherlands Authority for Consumers and Markets. The deal brings Hot ITem’s ~250 data, BI and analytics specialists into Conclusion’s ecosystem to strengthen its data engineering, advanced analytics and data-management capabilities.
Related Acquisition Pages
Selling a company? Get in front of buyers like Conclusion
Turn tracked acquisition activity into an outreach-ready buyer list.