Depotnet Acquisition
Everfield is excited to announce the acquisition of Depotnet, a leading work order management software provider specialising in the Telecoms, Utilities, and Infrastructure sectors. The acquisition enables Depotnet to invest in innovation and accelerate its growth, with the full support and resources of Everfield. This transaction represents Everfield’s ninth acquisition in the last 12 months.
Depotnet will continue to operate under its current leadership team, led by Holly Dalby and Darren Bridge, retaining its unique culture and brand. Everfield plans to support Depotnet’s growth by providing strategic guidance and financial support to scale Depotnet’s team and service its growing customer base, while expanding its product offering.
“We are thrilled to welcome Depotnet to the Everfield family. 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. We are excited to be partnering with Holly and Darren on the next phase of the Depotnet journey, continuing their commitment to innovation and the delivery of industry-leading solutions.”
James Moore, Acquisitions Manager (UK&I) at Everfield.
Depotnet: An Overview
Depotnet, headquartered in Warwickshire, has established itself as an industry leading software platform that enables network operators and engineering contractors to manage and deliver build-and-maintenance of linear asset networks in an efficient and compliant manner.
Depotnet’s existing management team, led by Holly Dalby and Darren Bridge, will continue to lead its team of 40 people from their offices in Henley-on-Arden (UK).
“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 future opportunities for our amazing staff. We selected Everfield as a partner due to Everfield’s 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.”
Holly Dalby, Managing Director of Depotnet
How can forward-thinking acquisition help your business?
Everfield specialise in buying great B2B software businesses across Europe, and helping these businesses to build their legacies and accelerate growth.
As part of a “buy-and-grow” strategy, Everfield fully acquires businesses and owns them forever, focussing on long-term partnership and sustainable growth. Acquired companies retain their autonomy to a large extent, while gaining access to the strategic support of Everfield’s operational teams.
Founders and owners can be sure that they are putting their entrepreneurial legacy in good hands.
Everfield was advised on this transaction by Grant Thornton (Financial & Tax), CMS (Legal), Xaeus Blue (Technology) and GRAPH (Commercial). Depotnet shareholders were advised on this transaction by Moore & Smalley (Corporate Finance and Tax) and CG Professional (Legal).