Nieuw-Vennep, Amsterdam – inepro (or the “Company”), a leading Dutch developer of innovative systems and solutions for the EV-charging infrastructure, is pleased to announce that it reached agreement to strengthen its shareholder base with a significant strategic investment by Cape Investment Partners (“CIP”) to support its accelerated international growth.
inepro, founded in the Netherlands in 1990, develops and distributes high-quality smart metering solutions and RFID readers as one of the only few focused players in the European industry. Founded by Ritske Clewits, the Company has since developed into an innovative and flexible player in attractive and fast growing end markets, located in 7 countries around the world.
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.
Ritske Clewits, CEO of inepro commented: “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.”
Media contact
CFF Communications
Jane Moertabat
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About inepro
inepro is an innovative developer of high-end electricity meters as well as authentication and registration hardware and embedded software solutions active in multiple end-markets such as EV charging, solar energy and open and closed-loop payments. inepro was founded in the Netherlands in 1990 and currently employs 85 FTE, spread out over 7 global offices with the headquarters located in Nieuw-Vennep.
About Cape Investment Partners
Cape Investment Partners (CIP) is an entrepreneurial deal-by-deal investment platform with a consistent focus on transitional tailor-made value creation potential. CIP manages assets in value over EUR 250m in direct investments. The partners at CIP build on a combined experience of over 60 years in private equity investments with a top tier direct investment track record.