ARVOO accelerates growth with Capital A as an investor

Capital-A

ARVOO Imaging Products (hereafter ARVOO) has brought in Capital A as its new majority shareholder and sponsor for the company’s next growth phase. This new partnership establishes a solid financial foundation with the aim of further expanding as a global player in image processing technology. In this phase, the current management, consisting of Fons Grijpink (CEO) and founder René Voorwinden (CTO), who are also shareholders, will continue to lead the daily operations.

ARVOO is a developer in the field of complex digital image processing through the use of artificial intelligence and develops both the hardware and software in-house. This image processing technology is used for various applications, including ARVOO’s developed camera system, ScanGenius. ScanGenius is a leading and globally used camera system with accompanying software, used by local municipalities and government authorities for digital parking enforcement. With ScanGenius, ARVOO is the undisputed market leader in this industry in the Netherlands.

Furthermore, ARVOO develops ANPR cameras and associated software that can be used for various applications, such as access control, detecting illegal and dangerous traffic situations, enforcement at the boundaries of low emission zones, as well as within the agricultural sector.

“In recent years, we have worked hard to transform ARVOO from an innovative project organization into a focused product organization,” says Fons Grijpink, CEO and co-shareholder of ARVOO. “Today, we are proud to announce that, along with investor Capital A, we will continue to build the future of ARVOO. Our new partner will support us in the process of further globalization and expanding our business, a path we have already embarked on in recent years. This step makes us more agile and grants us access to a strong network of professionals who assist companies in building and growing.”

“It’s wonderful to see the international demand for ARVOO’s innovative products and services that deliver significant value in various sectors. Together, we look forward to further expanding ARVOO’s success into new cities and countries, while also exploring the applicability of the underlying image processing technology in new sectors. We aim to accelerate autonomous growth where it makes sense with a selective buy-and-build strategy,” says Lars Valkenburg, Investment Manager at Capital A.

The daily management of ARVOO remains with Fons Grijpink (CEO) and René Voorwinden (CTO), while Capital A will play an advisory and supportive role. ARVOO is built on a strong and unique DNA that will be maximized to realize its (international) growth ambitions. With the arrival of Capital A, the continuity and stability of ARVOO are ensured.

ABN AMRO has assisted the shareholders of ARVOO as a financial advisor in the search for a suitable partner.

 

About ARVOO

ARVOO was founded in 1993 as an engineering firm specializing in automatic image and signal processing by computers. Over time, the company has further evolved, including the integration of artificial intelligence. This thirty years of experience and passion for image processing technology make ARVOO a unique company within the industry. ARVOO has a team of innovative hardware and software developers who continuously collaborate on new applications and products. Market demand guides their development efforts, ensuring that the team aligns with the needs of the market. Since ARVOO develops both the hardware and software in-house, the lines of communication are short, enabling rapid response to customer preferences and requirements.

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Ratos Company Semcon spins off its Product Information business area, introduces Aleido

Ratos

Semcon announces the successful spinoff of its Product Information business area, marking the official launch of new and stand-alone company Aleido. This strategic step has been taken to strengthen both businesses and to continue growing their offers, dedicated teams, and profitability.

The Product Information business area, with its 850 employees in five countries, is known for its expertise in creating user-friendly digital aftermarket solutions for complex products. As a global leader, it serves customers such as Volvo Cars, Tetra Pak, Alstom, AGCO, Jaguar Land Rover and Epiroc.

“At Ratos we are strong believers of a decentralised model and are convinced that it drives entrepreneurial spirit, growth and efficiencies. This move ensures that each company can follow its own independent growth journey and realise its true potential,” says Anders Slettengren, Chairman of the Board of Semcon and Aleido and Executive Vice President at Ratos.

Leaders in aftermarket information
Aleido specialises in both aftermarket information and learning solutions. Within aftermarket information, the company can draw on decades of experience and today support customers in five different markets. And thanks to recent acquisitions within learning, Aleido is the largest digital learning company in Scandinavia. Guided by its mission, ‘to make the advanced simply understood’, Aleido provides knowledge that bridges the gap between technology and people.

“This is a significant milestone, and we can proudly announce that the former Semcon business area, Product Information, is now a stand-alone company: Aleido. As we embark on this new journey, we’re eager to embrace the opportunities ahead with even more focus and dedication,” says Johan Ekener, CEO of Aleido.

A strategic technology partner
Semcon has more than 40 years of experience of product, production and service development. Going forward, it will pursue its strong position as an international technology partner for companies and organisations in transformation. With a unique offering combining engineering, digital excellence and sustainability know-how, Semcon’s experts and cross-functional teams makes its customers more competitive and improve the user experience and sustainability of their solutions.

“Every day, our experts add new perspectives that help create solutions that make a difference to people and the planet. With a more focused operation, we are now accelerating our combined offering to provide even greater customer value,” says Markus Granlund, CEO of Semcon.

For more information, please contact:
Josefine Uppling, VP Communication, Ratos, +46 76 114 54 21
Lena Söderholm, Chief Communication Officer, Aleido, +46 706 121 346
Kristina Ekeblad, Head of Communication and Marketing, Semcon,+46 704 130 926

About Ratos
Ratos is a business group consisting of 17 companies divided into three business areas: Construction & Services, Consumer and Industry. The companies have approximately SEK 33 billion in net sales (LTM). Our business concept is to own and develop companies that are or can become market leaders. We have a distinct corporate culture and strategy – everything we do is based on our core values: Simplicity, Speed in execution and It’s All About People. We enable independent companies to excel by being part of something larger. People, leadership, culture and values are key focus areas.

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Conclusion acquires Portuguese Neotalent

NPM Capital

Conclusion acquires Portuguese Neotalent

Business transformation and IT service provider Conclusion has reached an agreement with the investment company Novabase to acquire the leading Portuguese organization Neotalent, a specialist in recruiting and deploying IT talent. The organization currently employs over 800 experienced specialists in high-demand technology areas such as software development, data analysis, cloud services and engineering. Neotalent has been steadily growing in recent years and provides nearshore and onshore solutions to renowned companies in Portugal and Spain. As part of Conclusion, Neotalent is ideally positioned to strengthen Dutch customer teams, enabling them to meet the high demand for qualified multidisciplinary teams. The acquisition of Neotalent will take place in the coming months, subject to the verification of certain customary conditions typically associated with similar transactions, including the approval of the Portuguese competition authority.

 

Engbert Verkoren, CEO of Conclusion, says, “Welcoming Neotalent is a significant step for Conclusion. With this addition to our ecosystem, we attain the necessary capacity to provide effective nearshore services as an integral part of our overall service, addressing the business and IT challenges of our clients. Compared to Portuguese competitors, Neotalent has proven to be very successful in finding the right people in the tight Portuguese labor market. Furthermore, Neotalent’s management is capable of forming long-term relationships with both employees and customers by investing in talent development and promoting a culture centered around responsibility and collaboration. We support the further development of Neotalent into a full-service IT provider, both in Portugal and Spain and beyond.”

 

Álvaro José Ferreira, a member of Novabase’s Board of Directors, states, “This agreement accelerates Novabase’s growth strategy by dedicating all our resources and energy to the international expansion of the NextGen business, particularly in the area of cognitive and analytics. At the same time, we believe that Neotalent, through integration into Conclusion’s ecosystem, can continue to operate autonomously while maintaining its identity. By combining this with the highly qualified management team and the group of skilled professionals, Neotalent can propel its further development as a best-in-class nearshore player.”

 

Célia Vieira, director of Neotalent, regarding the acquisition, says, “This is an important moment for Neotalent. By being part of an international player like Conclusion, we can enter new markets and take on new business challenges, leveraging the extensive and high-quality services and solutions portfolio of the group. We see a great opportunity to combine our growth ambition with Conclusion’s ambition to establish a strong nearshore capacity. This also aligns with our mission to become a European reference player in our sector. We are pleased to join the Conclusion’s ecosystem. This offers growth opportunities for all of us and enhances the business appeal of our company.”

 

About Neotalent

Neotalent has 25 years of experience in delivering and managing IT talent services to meet the business needs of companies in various sectors and markets. Currently, more than 800 specialized professionals work at Neotalent. With offices in Portugal and Spain, Neotalent is a leading IT & Engineering service partner that combines the best technical expertise with an agile way of thinking to strengthen businesses and make organizations successful.

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SUPERP has brought investor Egeria on board

Egeria

SUPERP has brought investor Egeria on board to collaborate with the existing management and current shareholders in advancing the company’s further development.

SUPERP has been operating as a high-quality SAP consultancy service provider in the Dutch market since 1999. The company has experienced significant growth in recent years and offers a wide range of SAP-related services. It has also established leading market positions in knowledge domains such as security, testing, and development. Additionally, the service offering for SAP-using organizations has expanded further through subsidiaries MxBlue (Mendix) and SxBlue (SalesForce). As of 2023, over 300 consultants work under the SUPERP banner to assist leading companies in achieving their digital and SAP-related challenges.

EGERIA provides SUPERP with the necessary additional financial resources, operational capabilities and knowhow to further realize its growth ambitions. In the coming years, SUPERP will place extra focus on expanding its service offerings to continue meeting the growing needs of its clients. Sander van Alphen, partner at Egeria, stated: “We are impressed by the growth that the SUPERP team has achieved in recent years. Through a combination of entrepreneurship, deep technical knowledge, long-term client relationships, and an appealing company culture, SUPERP has secured a strong position in the market for SAP (related) services. We look forward to supporting the SUPERP team in realizing their ambition to grow further and become even more relevant to their esteemed clients.”

Ruud Hoogendorp, Managing Director at SUPERP, expressed, “We are extremely proud of our company and what we have accomplished with our people over the past 24 years. We have created an environment where both our consultants and our clients feel at home and valued. To continue fulfilling the ambitions of our clients and our organization, we are very pleased with the additional capabilities we gain through our collaboration with Egeria.”

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Daash Intelligence Secures $2.75M Seed Funding To Build The Next Generation Of Commerce Intelligence

New Stack Ventures

Daash Intelligence™, the predictive intelligence platform for retail markets, has closed its $2.75M seed investment round. Silicon Road Ventures led the round with New Stack Ventures, with participation from Red Bike Capital, Willow Growth Partners and OpenSky Ventures. First developed within technology and brand incubator 100.co, Daash notches a significant milestone with this funding as it aims to transform the commerce intelligence industry through targeting eCommerce, brick & mortar, and direct-to-consumer (DTC) channels.

Daash addresses the fundamental challenge of transparency across the retail landscape. Brands often struggle to obtain actionable insights into competitive products, sales performance, and market share information. This lack of visibility is a critical issue that affects brands across the board.

To tackle this problem, Daash Intelligence has developed proprietary technology that empowers brands with insights around their market dynamics. Brands using Daash can now identify which competitors are gaining or losing market share and understand the underlying factors driving these trends. Brands are using Daash to inform their new product development, fine-tune marketing strategies, and optimize their channel sales efforts.

 

What differentiates Daash is its proprietary technology, which combines multiple data sources to produce insights in real time. “Harnessing this technology was a game changer for our brands like Cay Skin and Juni Sparkling Tea,” said Kim Perell, CEO of 100.co. “Daash can predict historical sales across competitors and spot emerging market trends with precision.”

 

With this funding, the company will continue to improve the accuracy of its predictive intelligence platform and scale their go-to-market efforts across multiple CPG categories.

Daash firmly believes that commerce intelligence is no longer a luxury, but a mission-critical asset for consumer brand operators. The largest brand conglomerates already rely on commerce insights to guide their product positioning, pricing strategies, market sizing, and inventory management. Daash enables the harnessing of new data sources to make real-time insights possible for every CPG brand.

 

“The response has been amazing with over 20 leading brands already licensing the platform, including Sacheu and Summer Fridays.” said Philip Smolin, CEO and co-founder of Daash. “By identifying emerging market trends and product performance earlier than other brands, they are creating a clear competitive advantage.”

Ross Kimbel, Managing Director & Partner at Silicon Road Ventures (SRV) added, “At SRV we invest in commerce-enabling technologies which are transforming and accelerating the commerce landscape. Daash is revolutionizing the intelligence which powers this industry, and we’re thrilled to be a partner with them on the journey.”

 

For more information about Daash, please visit www.daash.co.

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Virgin Pulse and HealthComp Announce Intent to Merge to Create Comprehensive Employer Health Platform

New Mountain Capital

Joining forces to improve health outcomes, lower costs, and empower members through a next generation health technology and data platform

New Mountain Capital, Marlin Equity Partners, Blackstone and Morgan Health to back combined entity, the industry’s first Health Platform-as-a-Service

Providence, RI, and Fresno, CA, September 27, 2023 – Virgin Pulse, a leading global digital-first health, wellbeing, and navigation company, today announced its intent to merge with HealthComp, a next generation benefits and analytics platform. The merger will create a technology and data powered health platform-as-a-service organization poised to tackle some of the industry’s biggest challenges. The combined entity will aim to improve health outcomes and lower costs for members and employers by empowering better information and decision making. By using an advanced technology and data platform that leverages AI, the combined organization will deploy innovative and flexible health plan designs that drive improved member health outcomes, engagement, and awareness across the most important aspects of a person’s healthcare journey.

As the healthcare industry evolves, the desire for an integrated experience in the employer- sponsored benefits ecosystem has grown exponentially. This combination will create a set of assets that will integrate plan design, plan management, payment integrity, health navigation, preventative care, and digital therapeutics through the Homebase for Health user-centric platform. Together, the combined entity expects these assets will create a better experience and lower costs for members and employers, while providing expanded opportunities for insurers and brokers to continue to partner with the combined entity.

“This combination with HealthComp creates a new category in the health space that will change the way employers address the two-fold challenge of reducing costs and improving member outcomes. Our two companies have a shared mission to improve individual outcomes by engaging users early and often, and making health and wellbeing more accessible, affordable, and personal for all,” said Chris Michalak, Virgin Pulse CEO. “Together, we are addressing a problem that has plagued the industry for years – a misaligned, complex benefit structure that results in unmet needs and escalating costs. We are eliminating waste, friction, and preventable risks by putting members and their needs at the center of the ecosystem.”

“Self-insured employers pay for almost half of the nation’s healthcare expenditures and now require more innovative and affordable solutions,” said Chad Harris, HealthComp CEO. “With concierge-level service, rich analytics, and expert medical cost management, HealthComp ensures that employers can make informed benefits decisions that align with the needs of their employees and businesses. Powered by Virgin Pulse’s daily wellbeing engagement and data- driven personalization, this transaction creates an end-to-end platform that will radically lower costs and improve member outcomes.”

“The combination of Virgin Pulse and HealthComp creates the first national Value-Based Care platform company focused on Employee Health & Outcomes. We are excited to work with Morgan Health, Blackstone, and Marlin, to bring innovation at scale to this market,” said Matt Holt, President, Private Equity and Managing Director at New Mountain Capital.

“We have been working to build an innovation platform company in the employer space for more than five years. This transaction represents a significant milestone by forming a leading platform-as-a-service company focused on delivering better outcomes and greater affordability,” added Kyle Peterson, Managing Director at New Mountain Capital.

“The employer-employee health landscape is ripe for change and the mission of the combined HealthComp and Virgin Pulse is aligned with Morgan Health’s mission to improve the quality, equity and affordability of employer-sponsored health care,” said Dan Mendelson, CEO of Morgan Health.

Upon closing of the transaction, Chris Michalak will serve as CEO of the combined entity, where he will continue building upon the Homebase for Health vision and expanding the value proposition for clients and the market at large. The combined entity will serve more than 20 million members and address costs for more than 1,000 self-insured employers. HealthComp’s powerful analytics will also benefit Virgin Pulse’s health plan and health system clients by providing closed-loop data on health outcomes and the true ROI of investing in member experience and wellbeing programs.

The merger is expected to close in Q4 2023, subject to regulatory approvals and satisfaction of all closing conditions under the definitive agreement. Financial details of the transaction have not been disclosed. HealthComp is backed by New Mountain Capital and Virgin Pulse is backed by Marlin Equity Partners. New Mountain Capital will be the majority owner of the combined entity. Blackstone Credit has committed to support the deal with strategic financing.

J.P. Morgan Securities LLC acted as financial advisor to HealthComp. HealthComp’s legal counsel was Ropes & Gray LLP. Evercore acted as financial advisor to Virgin Pulse, with Kirkland & Ellis LLP and McDermott Will & Emery LLP serving as legal advisors.

About Virgin Pulse

Virgin Pulse is a leading digital-first health, wellbeing, and navigation company that empowers organizations across the globe to activate populations, improve health outcomes, and reduce spend in an era of accelerating cost and complexity. Virgin Pulse’s Homebase for Health® connects data, people, and technology to deliver high tech, human touch experiences that engage and reward individual journeys. Virgin Pulse impacts over 100 million people across 190 countries by helping Fortune 500, national health plans, and many other organizations change lives – and businesses – for good. For more tips and insights, connect with us on Twitter or LinkedIn.

About HealthComp

HealthComp, a New Mountain Capital company, has a customized and responsive approach to health benefits administration. We advocate for our members to get the best possible care suited for their unique needs. Our next generation benefits and analytics platform brings together concierge-level service, best-in-class operations, powerful analytics, and expert medical cost management. HealthComp integrates seamlessly with any benefits ecosystem to drive a personalized experience that delivers higher clinical outcomes at lower costs.

HealthComp has offices in California, Illinois, Kentucky, West Virginia, Louisiana, and Pennsylvania. For more information, visit https://healthcomp.com.

About New Mountain Capital

New Mountain Capital is a New York-based investment firm that emphasizes business building and growth, rather than debt, as it pursues long-term capital appreciation. The firm currently manages private equity, credit and net lease investment strategies with over $45 billion in assets under management. New Mountain seeks out what it believes to be the highest quality growth leaders in carefully selected industry sectors and then works intensively with management to build the value of these companies. For more information on New Mountain Capital, please visit https://www.newmountaincapital.com.

About Marlin Equity Partners

Marlin Equity Partners is a global investment firm with approximately $9 billion of capital commitments. The firm is focused on providing corporate parents, shareholders and other stakeholders with tailored solutions that meet their business and liquidity needs. Marlin invests in businesses across multiple industries where its capital base, industry relationships and extensive network of operational resources significantly strengthen a company’s outlook and enhance value. Since its inception, Marlin, through its group of funds and related companies, has successfully completed over 200 acquisitions. The firm is headquartered in Los Angeles, California with an additional office in London. For more information, please visit www.marlinequity.com.

About Morgan Health

Morgan Health is a JPMorgan Chase business unit focused on improving employer-sponsored health care. Through its investments and the advancement of accountable care, Morgan Health is working to improve the quality, equity and affordability of employer-sponsored health care for JPMorgan Chase employees, their families and the U.S. health system. The business is led by Dan Mendelson, CEO of Morgan Health, reporting to Peter Scher, Vice Chairman of JPMorgan Chase & Co. and a member of the firm’s Operating Committee. Morgan Health is headquartered in Washington, D.C. Visit www.morganhealth.com.

About Blackstone

Blackstone is the world’s largest alternative asset manager. We seek to create positive economic impact and long-term value for our investors, the companies we invest in, and the communities in which we work. We do this by using extraordinary people and flexible capital to help companies solve problems. Our $1 trillion in assets under management include investment vehicles focused on private equity, real estate, public debt and equity, infrastructure, life sciences, growth equity, opportunistic, non-investment grade credit, real assets and secondary funds, all on a global basis. Further information is available at www.blackstone.com. Follow @blackstone on LinkedIn, Twitter, and Instagram.

 

 

Media Contacts

Virgin Pulse

HealthComp

HealthComp Marketing Team

healthcompmarketing@healthcomp.com

New Mountain Capital

Dana Gorman / Matthew Butler

H/Advisors Abernathy

dana.gorman@h-advisors.global / matthew.butler@h-advisors.global

Marlin Equity Partners

Morgan Health

Blackstone

Matthew Anderson / Kate Holderness

matthew.anderson@blackstone.com / kate.holderness@blackstone.com

LMtec Digital Solutions Joins Forces with Emixa

Holland Capital

Amsterdam, 18 September 203 –Emixa, the leading SAP/Siemens/Mendix technology partner, is investing in LMtec Digital Solutions, with support from its majority shareholder Holland Capital. With this partnership, Emixa expands its presence into the DACH region and further enhances its product and service offerings, accelerating the digital transformation of its international Industry 4.0 clients.

LMtec Digital Solutions is a leading partner of Siemens Digital Industries Software with offices in Germany and Switzerland, specialized in providing PLM (Product Lifecycle Management) solutions, including maintenance, technical support, and consultancy. This partnership contributes to their vision of playing a significant role in the digital transformation of the manufacturing industry, also known as ‘Industry 4.0’, through technologies such as Siemens, SAP, and Mendix. Furthermore, this collaboration offers its employees opportunities for international development within the wide range of services, technologies, and countries where the group operates.

Growth through buy-and-build

The acquisition of LMtec Digital Solutions is the next step in the buy-and-build strategy, executed with the support of Holland Capital. Including LMtec, Emixa now employs over 520 professionals, focusing on product lifecycle and asset management, IT architecture, low-code applications, system integrations, and process optimization, primarily targeting the manufacturing industry. The group aspires to become the leading player in Western Europe and has now expanded its operations to the DACH region, in addition to the Benelux and the United Kingdom.

Peter-Jan Simons, CEO of Emixa, commented, “LMtec is a strategic addition to our group, bringing high-level expertise in digital transformation to the modern industry. I am very excited about this addition, as together with LMtec, we can now better serve our customers in the DACH, UK, and Benelux regions within the technology triangle of SAP-Siemens-Mendix. Additionally, our consultants will have more international career opportunities. LMtec’s Siemens PLM expertise will boost our Siemens activities in Europe and elevate our partnership with Siemens to a higher level.”

Peter Wassmer, Managing Partner of LMtec Digital Solutions, stated, “Siemens recognizes Emixa as a leading specialist capable of delivering solutions based on SAP/Siemens/Mendix technology. Joining forces with Emixa is the perfect combination to realize our existing vision: to act as a trusted digital coach for our clients in addressing their digital thread for product and production.”

Ewout Prins, Managing Partner of Holland Capital, added, “The acquisition of LMtec is the next significant step in Emixa’s buy-and-build strategy. In addition to the Benelux and the UK, the group is now strongly represented in the DACH region. We are proud that our teams in Düsseldorf and Amsterdam have contributed to this acquisition.”

About LMtec Digital Solutions

LMtec, founded in 2014, provides digital transformation consultancy, architecture, and implementation of PLM solutions, licenses, and IT services across all industrial sectors. With a team of more than 70 experts in Central Europe, its mission is to enable valued customers to innovate and bring better products and services to the market more quickly. They achieve leading innovation through in-depth industry knowledge, PLM best practices, unique processes, and technological skills. LMtec is a Smart Expert Partner of Siemens Digital Industries Software, SAP and Mendix in the DACH region.

About Emixa

Emixa offers its clients innovative, high-quality, full-service solutions in the field of digital transformation, with a special emphasis on the manufacturing industry, also known as ‘Industry 4.0,’ using Siemens (PLM), SAP (ERP), Mendix (Low Code Applications), and other leading technologies. The group operates in the Benelux, the United Kingdom, Ireland, Germany, and Switzerland. The foundation for Emixa was established in 2022 when the companies Appronto, cards PLM Solutions, Dimensys, Magnus, and OnePLM joined forces with the support of Holland Capital.

About Holland Capital

For the past 40 years, Holland Capital has responsibly and successfully invested in more than 180 Dutch SMEs. With a clear investment strategy, they are active in the attractive growth markets of Healthcare, Technology, and Food & Agri. Their experienced and committed investment team understands entrepreneurship. They aim for an open, sustainable, and professional relationship with the management teams of the companies they invest in, with the common goal of achieving growth. Holland Capital is supported by a broad network of successful entrepreneurs in Healthcare, Technology and Food & Agri. Holland Capital has offices in Amsterdam and Düsseldorf. The acquisition of LMtec represents Holland Capital’s first acquisition in Germany.

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Rojo Consultancy acquisition

365 Capital

Rojo Consultancy and 365 Capital announce their new partnership to accelerate the company’s growth as the preferred global partner for SAP integration.

Rojo Consultancy (“Rojo”) is a leading and trusted provider of consultancy services, managed solutions, and software for SAP integration and business process observability. Rojo has a strong position in the system integration software market and offers its clients a 360-degree portfolio of services to streamline their application integration needs and help their businesses grow. The company was established in 2011 and has evolved over the past decade from a consulting firm to an end-to-end SAP integration specialist. Rojo has a wide range of services and strategic partnerships with leading software vendors such as SAP, Coupa, SnapLogic, and Splunk. Rojo is headquartered in the Netherlands and operates globally from its offices in the Netherlands, Spain, and India.

Rojo has entered into a strategic partnership with 365 Capital to achieve its goals of being the preferred partner of choice, catering to market needs, and improving its ability to offer value-driven enterprise integration solutions to clients. As a result of this collaboration, Rojo intends to recruit new talent, invest in innovative integration software and enhance its global presence to meet the increasing demand from its clients. This partnership demonstrates Rojo’s dedication to providing exceptional service and value to customers while progressing its market expansion and success.

Roberto Viana (Managing director and co-founder): “At Rojo, we take great pride in the fantastic company we have established together with our team, strategic partners and global clients. Hence, joining forces with 365 Capital sets an important milestone for our team, clients and partners that will allow us to accelerate and expand the growth of Rojo. This collaboration will enable us to accelerate and expand the further growth of Rojo, and we couldn’t be more excited about the new opportunities that lie ahead. Our fixation and commitment to deliver high quality in everything we do for our clients’ business objectives remain steadfast. By partnering with 365 Capital, Rojo is set to reach new heights in helping clients achieve their business goals through high-quality enterprise integration solutions from Rojo.”

Reinaert Molenaar (Partner at 365 Capital): “We are very excited about the partnership with Rojo Consultancy. We are impressed with the company as it is today, and we look forward to supporting management and the rest of the Rojo Consultancy team to bring the company to the next level. Rojo is perfectly positioned to capitalise on several market tailwinds we see in the sector, with the right people and culture, a strong technological base and diversified end market exposure.”

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Nordic Capital-backed iLOQ expands to Australia

Nordic Capital

iLOQ, a provider of digital access management solutions, will continue to fulfil its growth strategy by expanding to Australia.

Founded in Finland in 2003, iLOQ currently has sales offices in thirteen countries in Europe, the Middle East, USA and Canada, as well as a comprehensive global partner network. Starting operations in Australia will advance iLOQ’s growth strategy and open up a large new market for the company.

Mike Smits has been appointed Country Manager, iLOQ Australia, from the beginning of September. His role is to develop the Group’s business into new markets and business models by launching operations in Australia and building a local country organization. He is also responsible for leading the smart-locking revolution as iLOQ expands to a new continent.

Before joining iLOQ, Mr Smits held senior management roles in multinational companies such as Honeywell, VACON and Danfoss. He also brings a wealth of market experience from the Asia Pacific region.

“iLOQ continues to grow in line with its strategy. We bring to new markets state-of-the-art digital- and mobile-based locking solutions that are flexible, sustainable and reduce lifecycle costs,” said Heikki Hiltunen, CEO of iLOQ.

 

For more information, please contact:

Heikki Hiltunen
President and CEO, iLOQ
e-mail: heikki.hiltunen@iloq.com

Thomas Thörewik
Chief Sales Officer, iLOQ
e-mail: thomas.thorewik@iloq.com

About iLOQ
iLOQ is a rapidly growing Finnish company that is leading the technological revolution in the digital locking industry. iLOQ transforms mechanical locks into digital and mobile access management. iLOQ solutions are based on technologies developed and patented by the company, enabling electronic and mobile locking without batteries or cables. iLOQ replaces mechanical and electromechanical locking systems with environmentally friendly solutions that solve the problems of lost or copied keys, reduce lock maintenance and minimise lifecycle costs. For more information about iLOQ, please see: www.iloq.com

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Yellowtail Conclusion adds fintech ADPI to its portfolio

NPM Capital

Joining forces for the most progressive consultancy platform

Yellowtail Conclusion has acquired ADPI, the innovative mortgage SaaS platform for lenders and intermediaries, from founder Maarten Tellegen and investor Beekers Capital. With the addition of the ADPI SaaS platform for mortgage orientation, consultancy, mediation and management, Yellowtail Conclusion has all the components for a digital and efficient mortgage process. From the first customer contact to active management.

Matthijs Mons, Managing Director of Yellowtail Conclusion: “With ADPI, together with our existing components, we now have by far the most modern, innovative and secure SaaS platform in the financial consultancy market. The combination of the innovative ADPI platform within the solid Yellowtail Conclusion environment is truly unique. This means our dream of developing the consultancy platform of the future is now very close.”

Maarten Tellegen, founder of ADPI: “Yellowtail Conclusion is the ideal acquisition partner for us. Yellowtail’s reach in the sector will accelerate ADPI’s growth in the market for intermediaries, service providers and lenders alike. In addition, Yellowtail’s professional organisation guarantees the stability and innovative power to continue to offer the most progressive software package in the market. A win-win situation for everyone involved.”

ADPI will be integrated into Yellowtail Conclusion and continue as Hypact Advisor. This makes ADPI part of the complete Hypact Suite, including Hypact, Online Advice, Hypact Hub and Hypact HypotheekAssist. This enables Yellowtail Conclusion to serve all parties in the mortgage chain, from independent consultant, via service provider to lender. Founder Maarten Tellegen and his team remain involved and Maarten will continue to manage the company in the future. The operational teams will work closely together to ensure a smooth transition. Existing ADPI customers can rest assured that their ongoing projects and contracts will continue without interruption.

The combination will benefit from maximum sector knowledge, an extensive talent pool and the synergies between the two companies will contribute to further innovation and growth.

 

 

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