Cooper Software Secures Growth Private Equity Investment from YFM Equity Partners – UK Tech Investment News

YFM is investing heavily in the fast-growing ERP business

YFM Equity Partners (YFM) has completed an investment from Buyout Fund II. Cooper softwareA Scotland-based enterprise resource planning (ERP) software specialist, the fast-growing technology business is expanding its customer base, developing products and targeting international markets.

Founded in 2005 by current CEO Frank Cooper, Cooper Software is an independent provider of ERP products, consulting services, and 24/7 support that allows businesses to manage their day-to-day functions. Helps bring the data flow between these processes into the integrated platform. .. The company has provided more than 1,500 enterprise solutions to more than 300 clients worldwide.

The company consists of two divisions. The first specializes in the supply and integration of IFSERP systems. Cooper Software has been working with Swedish enterprise software providers since its inception in 2005, is one of the longest-established global partners and one of only 15 partners certified as Gold Channel Partner status. .. In 2018, we became an IFS reseller, selling IFS solutions directly to end users. The company uses the IFS platform to target sectors such as manufacturing, energy and utilities, services and maintenance, engineering and construction, and food and beverages. Clients include Hamamatsu, Harland & Wolff, Lightbus, Intelligent Energy, Scott JCB, BMW, Gordon & McFail.

In addition, Cooper Software has another division that has developed ProScope, a unique SaaS solution that complements the Oracle NetSuite ERP platform with which it has partnered since 2014. Already, the company sells ProScope to companies around the world. USA, Scandinavia, Australia, Europe, Africa.

Based in Fife’s Dargeti Bay, Cooper Software has grown to employ more than 70 people and is expected to generate £ 6.7 million in sales this year.

It is headed by an executive team of CEO Frank Cooper. Dean Gardner, Managing Director of CFO; ProScope, Mark Cooper, has hired experienced IT services and software specialist Jonathan Dunn as Managing Director of IFS and David Greenlees as Chief Commercial Officer. We have strengthened our board of directors over the months.

“In the last 16 years, Frank and his team have established a successful technology business from scratch to keep their families feeling, but we recognize that it’s time to take it to the next level,” said YFM Partner. Andy Thomas explains. .. “As companies turn to technologies that drive greater value, the growth of the global ERP market is accelerating, allowing enterprises to maximize the benefits of better automation, new technologies, data intelligence and even digital transformation. This sector has great potential as it is about to transform, protecting it from some of the modern challenges presented by pandemics, such as remote work.

“Cooper Software has demonstrated the ability to actually understand the client’s business operations and partner with IFS and NetSuite to implement market-leading ERP software to create bespoke solutions. The addition also shows the potential to develop cutting-edge, state-of-the-art software related to the target sector and believes that there is a true global opportunity to target new international markets where expansion plans to Germany are already underway. increase.”

Frank Cooper Comments:

“We are pleased to receive strong interest and subsequent offers from many different investment companies in our search for the right investment partner for Cooper Software. YFM understands our business, our business and our employees. It was immediately clear that we were there, but most importantly, it was an exciting opportunity for growth.

“Enterprise software is undergoing major changes, and both IFS and NetSuite are leading this responsibility in their respective areas. In order to maximize opportunities, deploying YFM is an important part of that strategy. Cooper Software provides the flexibility and backup to execute plans to grow Cooper Software significantly and quickly. Cooper Software has sound recurring finance, professionals, dedicated and experienced teams, strong partner and customer relationships. , And built on a clear USP strong foundation in the markets in which we do business. YFM shares many of these characteristics and is a strong strategy needed to help drive the business. I believe it is culturally suitable for becoming a professional partner. “

The YFM investment team will consist of Andy Thomas, Laura Sisson and Ian Waterfield, with Steve Harrison joining Cooper Software’s board of directors. Shareholders received corporate finance advice from Camlee Group’s Lee Wojtkiw and Max Perry. Legal advice from Brown Jacobson.

Commercial due diligence was provided by a graph strategy. Financial due diligence by Cortus Advisory. Legal due diligence by Addleshaw Goddard. Catalytic systematic review; Beyond M & A technical due diligence; Vista private equity insurance due diligence. Tax advice by RSM.

YFM has a strong track record in the technology sector, including working with FourNet, an award-winning digital transformation and customer experience specialist, and DSP Explorer in the enterprise database management business.


About YFM

YFM Equity Partners are Specialists and Independently Owned Private Equity Investors. With over 30 years of experience, we aim to unleash value and growth potential by offering up to £ 10m in equity to drive the development of established businesses across the UK. This is achieved by helping portfolio companies grow their niche businesses, launch new initiatives, make innovative acquisitions, and upgrade technologies and systems. Through our offices in Leeds, London, Manchester and Birmingham, we work with management to create long-term value that has a positive economic impact on investors, investment firms and the communities in which we work. I am devoted to that. We manage over £ 300 million in funds, including venture capital trusts and private equity funds.

YFM Equity Partners operates through its subsidiary YFM Private Equity Limited, which is licensed and regulated by the Financial Conduct Authority (FRN: 122120).

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About Cooper Software

Cooper Software is a leading technology consulting firm that provides clients with successful and innovative business transformations.

As a system integration specialist, Cooper Software focuses on making the client’s business system more powerful. Whether you want to adapt your ERP system to your own business process, enhance your system with bespoke applications, or provide 24-hour support with specially developed skills, tools, and utilities, Cooper Software has We have a wide range of technical knowledge about “Make It Work”.

Cooper Software is an IFS Gold Channel Partner and Certified as an IFS Reseller. Founded in 2005, it has grown to be one of Europe’s largest independent providers of ERP products, consulting services and 24/7 support. Cooper Software has provided more than 1,500 enterprise solutions to more than 300 clients worldwide.

Cooper Software is headquartered in Fife, Scotland.

For more information, please visit: Or follow us LinkedIn

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Cooper Software Secures Growth Private Equity Investment from YFM Equity Partners – UK Tech Investment News

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