European B2B software investor acquires Warwickshire field service management provider, Depotnet
Warwickshire-headquartered field service management provider, Depotnet, has been acquired by Everfield, a growth-focused investor in B2B software enterprises, for an undisclosed amount.
Specialising in businesses operating in the telecoms, utilities, and infrastructure sectors, Depotnet has clients including Openreach, Kier Construction, CityFibre, and MJ Quinn. Depotnet will continue to function with its existing leadership team, led by Holly Dalby and Darren Bridge.
Holly Dalby, Owner and MD at Depotnet, said: “This acquisition marks a huge milestone for Depotnet. In joining forces with Everfield, we are brilliantly positioned to take the business to new heights, in particular accelerating some of our longer-term technology ambitions, as well as securing long-term opportunities for our amazing staff.
“We selected Everfield as a partner due to their deep strategic knowledge, alongside their commitment to retain the Depotnet brand, the management team, and our long-term vision to deliver increasing value from every aspect of our software in an ever-changing market. This investment will allow us to support and expand the cutting-edge software solutions that thousands of our users have come to rely on.”
Everfield’s strategic vision involves facilitating Depotnet’s expansion by offering invaluable guidance and financial support. This strategic approach aims to bolster the growth of Depotnet’s team and further enhance its service offerings to its esteemed customer base.
James Moore, acquisitions manager at Everfield, concluded: “Depotnet’s exceptional track record, experienced team, and deep domain knowledge perfectly complement our strategic vision. At Everfield we are a long-term partner for entrepreneurs and attach great value to preserving the culture and industry expertise of the businesses we invest in.”