Amsterdam - June 24, 2026

Photon Capital strengthens its managed network and security platform with the acquisition of Levelfour

Photon Capital further expands its managed network and security platform with the acquisition of Levelfour Networks. Following the earlier acquisitions of CrowdXS and Cloud Networks, this transaction marks the third addition to the platform and strengthens the group’s position as a leading provider of managed network and security services in the Netherlands.

News Photon Capital acquires Levelfour to strengthen its managed network and security platform in the Netherlands

Levelfour is a specialist provider of network and communication solutions for business customers. Since its founding in 2015, the company has built a strong position across sectors including retail, hospitality and healthcare. The company provides internet, telephony and network infrastructure solutions to organizations with business-critical communication needs and benefits from long-standing customer relationships and a strong focus on high-quality service delivery.

 

The group combines the expertise of CrowdXS, Cloud Networks and Levelfour into one integrated platform for business-critical connectivity, network and security solutions. Operating from multiple locations across the Netherlands, the group supports organizations with the design, implementation and 24/7 management of secure and scalable IT environments.

 

The acquisition of Levelfour adds a complementary customer base, thereby increasing the group’s presence in the retail, hospitality and healthcare sectors, while strengthening its service offering with additional expertise in telephony and wholesale networking. This creates a broader and stronger platform that can better support customers in addressing their digital infrastructure and security needs.

 

Photon Capital will support management in driving further organic growth and targeted strategic acquisitions to further develop the platform into a leading managed network and security provider in the Netherlands.

With Levelfour, we are adding a high-quality and complementary business to the platform. This acquisition strengthens our market position and represents an important step in the further execution of our buy-and-build strategy.

Kees van Bommel Partner at Photon Capital

Levelfour is an excellent addition to our platform. In addition to a strong and complementary customer base, we share the same focus on quality, customer-oriented approach and technical expertise. Together, we can offer our customers an even broader range of network, communication and security solutions.

Vincent Visser CEO of CrowdXS and Cloud Networks

We are proud of Levelfour’s development and look forward to entering the next phase of growth together with CrowdXS, Cloud Networks and Photon Capital. By joining forces, we can support our customers more broadly while preserving the personal and customer-focused approach that defines Levelfour.

Peter Grotenhuis CEO of Levelfour

About Photon Capital:

 

Photon Capital is a specialized investor focused on building and transforming companies within the data ecosystem. With deep sector expertise, a hands-on approach and extensive operational experience, Photon partners with management teams to deliver sustainable growth and long-term value creation.

 

For more information, please visit: Photon Capital

About CrowdXS and Cloud Networks

 

Photon Capital’s managed network and security platform was established in 2026 through the acquisitions of CrowdXS and Cloud Networks. CrowdXS provides high-quality business connectivity solutions, while Cloud Networks specializes in network security, cloud, hosting and network infrastructure services. Together, they support organizations with the design, implementation and 24/7 management of secure and scalable IT environments.

 

For more information, please visit: CrowdXS & Cloud Networks

About Levelfour

 

Levelfour Networks, based in Oss, is a Dutch provider of business internet, telephony and network services. The company serves customers across sectors including retail, hospitality and healthcare, and has built a strong position through its long-standing customer relationships and strong focus on high-quality service delivery.

 

For more information, please visit: Levelfour

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