Utrecht-based UnameIT, a supplier of automotive software program options, has secured new funding from Essential Capital Companions (Essential). The quantity, nevertheless, stays undisclosed. This funding represents Essential’s entry into the automotive software program market.
Essential Capital Companions is a software program investor managing non-public fairness funds within the Benelux, DACH, Nordics, and the US, with €6B in property underneath administration. With over 20 years of expertise, Essential works with portfolio administration groups to drive progress and broaden software program firms.
Making software program for automobile firms
Based in 1996, UnameIT is a supplier of automotive software program options within the Benelux area. The corporate affords an built-in suite of options that helps clients handle industrial gross sales and aftersales processes, together with lead administration, gross sales administration, advertising and marketing campaigns, and retargeting.
UnameIT affords merchandise that cowl the industrial processes for automotive dealerships and Unique Tools Producers (OEMs).
The corporate serves giant sellers, together with single-brand and multi-brand sellers, unbiased automotive firms, OEMs, leasing firms, and importers, with purchasers similar to Renault, Ford, Van Mossel, Stellantis, and Bosch. At the moment, UnameIT serves over 500 clients within the Benelux area.
UnameIT and Essential collaboration
UnameIT’s administration group will retain a major minority stake and stay concerned after the deal. Essential will help the corporate’s worldwide enlargement, significantly into the DACH area, leveraging its B2B software program market experience.
UnameIT’s progress technique consists of each natural progress and a selective buy-and-build method.
Robert van Adelerhof, CEO of UnameIT, says, “We’re very comfortable to announce our partnership with Essential, as that is the best time for us to increase our attain. Through the years, we’ve constructed UnameIT to what it’s in the present day: a software program provider for automotive dealerships within the Benelux-region, amongst which nearly all of the biggest supplier holdings.”
“Our instruments are targeted on serving to dealerships navigate their core processes in a extra environment friendly means, serving to them to achieve extra management over their processes, and enhance their industrial efficiency and bottom-line outcomes.”
“The partnership with Essential will attempt to assist us attain our purpose to grow to be a number one European automotive software program participant, as their confirmed observe file in B2B SaaS can be invaluable in guiding us by means of the following part of progress of our firm.”
Jeffrey Sanya, Funding Director at Essential, provides, “We’re excited to announce that Essential is partnering with UnameIT, a distinguished participant within the Dutch automotive software program market. UnameIT performs a vital position in supporting the biggest dealerships within the Netherlands, inside an trade that presents important progress potential.”
“We see quite a few alternatives to help the group in advancing digital transformation within the sector and increasing UnameIT’s suite into neighbouring markets, similar to Germany. We look ahead to embarking on this new partnership and, alongside the administration group, we’re dedicated to guiding UnameIT to grow to be a number one European automotive software program supplier.”
