Centric Due Diligence
Run due diligence on Centric: check compliance and get alerts when suppliers change.
Netherlands · www.centric.eu · 14 vendors
Centric is a European IT services and software company headquartered in the Netherlands. It provides technological solutions, high-quality IT services, and qualified professionals to various industries, including public administration, supply chain, and finance. The company offers a broad portfolio of services, including software solutions, IT outsourcing, business process outsourcing, and staffing services.
Resilience scores
- Digital Sovereignty: 21
- Digital Resilience: 8
- Financial Resilience: 5
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Services catalogue
7 services in catalogue across 4 categories; runs on 14 sub-vendors.
- HelloMe
- ERP
- Determine
Insights
Last updated 2026-05-27 · revision 2
14 direct vendors, 156 subvendors
Direct vendors by controlling owner country (sample)
- Germany: 1
- Denmark: 1
- Australia: 1
Subvendors by controlling owner country (sample)
- China: 3
- United Kingdom: 2
- France: 5
Compliance
5 in-scope frameworks identified; showing 3.
ISAE 3000 (source) — No public evidence
Evidence: https://centric.eu/en/about-centric/trust-center/certifications/
SOC 2 (source) — No public evidence
Evidence: https://centric.eu/en/solutions/it-outsourcing-and-management/modern-cloud/, https://centric.eu/en/solutions/it-solutions-datamanagement/
GDPR (source) — Evidence found
Evidence: https://centric.eu/en/about-centric/trust-center/privacy/, https://centric.eu/en/about-centric/trust-center/
Financials
Three-year financials
- 2023: revenue €425M
- 2022: revenue €430-450M
- 2021: revenue €450-470M
Financial Resilience Score: 5/10
Centric is in the early innings of a private-equity-style turnaround following a multi-year shareholder dispute and Dutch Enterprise Chamber proceedings that included a court-appointed administrator of the shares. The September 2024 acquisition by Imker Capital Partners and an entrepreneur consortium (Mollie, Uniserver, ACT Group) introduces patient, self-funded capital and operational expertise, reducing refinancing risk and signalling a return to growth-via-acquisition (e.g., June 2025 majority stake in Twelve). However, profitability has not been publicly demonstrated: no EBIT, equity, leverage, or cash-flow figures are disclosed, and Dutch press has historically described the group as loss-making during the turbulent 2020–2023 period. Revenue has eroded from a ~€500M peak in the early 2010s to €425M in 2023. The near-complete C-suite refresh (CEO, CFO, CPTO, CISO within ~14 months) is necessary for turnaround but carries elevated execution risk. Critical-infrastructure customer base in Dutch public sector, retail, and financial services provides a sticky recurring-revenue foundation, but customer attrition during the ownership dispute will require multi-year trust rebuilding.
Key strengths: Critical-infrastructure customer base in Dutch municipalities, retail, and financial services with high switching costs, Scale of 3,100+ staff and 200+ software products in Benelux mid-market IT services, Diversified service mix across software, outsourcing, staffing, cyber security, and data/AI, New self-funded ownership (Imker Capital Partners) with long-term horizon and operational co-investors, Resumed M&A activity (Twelve acquisition June 2025) signals balance-sheet capacity
Risk factors: Recent history of crisis governance and multi-year shareholder dispute, Profitability not publicly demonstrated; historically loss-making per Dutch press, Customer attrition risk from Dutch municipalities and financial-services clients during ownership dispute, Near-complete C-suite turnover within 14 months elevates execution risk, Heavy geographic concentration in the Netherlands (likely >70% of revenue), Competition from larger system integrators (Capgemini, Accenture, Sopra Steria) and hyperscaler-aligned cloud services
Revenue by geography
- Netherlands: 70%
- Other (Belgium, Nordics, DACH, CEE delivery hubs): 30%
Revenue by product/service
- Data & AI: 0%
- Cyber Security: 0%
- Software Solutions: 0%
- Staffing / Professional Services: 0%
- IT Outsourcing & Managed Services: 0%
Workforce by country
- Norway: 0
- Sweden: 0
- Belgium: 0
- Germany: 0
- Romania: 0
- Lithuania: 0
- Netherlands: 0
- Switzerland: 0
Signed-in users can see whether their own company is exposed to this vendor's disruption, plus the full sub-vendor list and country breakdowns, every in-scope compliance framework plus gaps and next steps, and alerts when any of it changes.