Developer of EV-charging infrastructure inepro has received significant financial backing from ‘deal-by-deal’ capital finance platform Cape Investment Partners (CIP) to support its accelerated international growth.
inepro, which launched in the Netherlands in 1990, manufactures and distributes smart metering solutions and RFID readers as one of the only few focused players in the European industry. The company has since developed into an innovative and flexible player in attractive and fast growing end-markets located in 7 countries.
With the trend of large infrastructure players outsourcing the technology needed for access, identification, payments and administration, the market for our solutions is growing at an enormous pace.
Company founder, Ritske Clewits, says: “With the trend of large infrastructure players outsourcing the technology needed for access, identification, payments and administration, the market for our solutions is growing at an enormous pace.
“At the same time, there is a strong desire in the industry to develop these systems in the European market. We believe CIP’s investment to be transformational for the company, allowing us to capture these great opportunities.”
Against the backdrop of the rapid expansion of the European EV-charging infrastructure, and with a reputation for innovative best-in-class solutions, inepro has achieved significant organic growth. With its expanding professional organisation, and with its reputation for reliability, inepro is the go-to-party for equipment manufacturers, developers and distributors. The company is well positioned to benefit from attractive organic market growth, playing its part in supporting the expansion of the European EV-charging infrastructure.
To support management in inepro’s next phase of growth, the current shareholders have reached agreement with CIP to acquire a significant strategic stake. CIP brings resources to support the delivery of inepro’s ambitious plans. At the same time, the investment will mean enhanced focus, as inepro’s division of payment solutions for self-service kiosks, KUARIO, will be carved-out and combined with XMDS, the leading payment solutions provider in CIP’s portfolio.