Simpel is a leading and fast growing provider of mobile communication services in the Netherlands. It offers its services as a Mobile Virtual Network Operator (“MVNO”). Simpel has a leading position in the budget, sim-only part of the market and has currently over 400,000 subscribers. The company was founded in 2009 and is headquartered in Amsterdam.

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Parcom Capital is pleased to announce the acquisition of a substantial minority stake in Simpel.nl. The transaction is subject to customary merger approvals and is expected to close in Q3 2016. Simpel is an independent and fast growing provider of mobile communication services in the Netherlands, where it has a leading position in the budget,