BRP Systems (“BRP” or ”the Company”) and Valedo Partners III AB (”Valedo”) have entered into a strategic partnership for acceleration of expansion and growth. The partnership secures additional resources and competence to fuel BRP’s continued development of BRP’s technical market leading ERP software and services for membership handling, booking and payment solutions to fitness facility operators in the Nordics and Europe.
BRP Systems is a multiple Gazelle-award winning company, founded in 2004 based in Linköping with headquarters in Mjärdevi Science Park. BRP offers ERP software for operators in the leisure sector, primarily fitness facilities as well as bath-, spa- and conference facilities. BRP’s software is used by a large number of leading chains as well as large and small private and public facilities in need of efficient and secure full service ERP-platform to achieve increased efficiency and satisfied end customers.
BRP’s software platform is the Nordic market leading ERP- and membership handling system for the fitness industry. BRP’s software empowers fitness operators to secure best possible business overview and planning of operations as the platform supports to automation of work processes to save time and money through reducing cost for administrative personnel and optimizing resources as well as driving sales through supporting processes for customer acquisition, churn minimization and enhancing the customer experience. System functionality includes booking, planning, payments, invoicing, CRM, KPI-statistics and many more complex services and integrations. The platform offers innovative integration opportunities offering customers the opportunity to connect proprietary applications to BRP’s platform. BRP’s software is currently used by c.900 facilities in Sweden, Norway, Finland, Poland and Croatia. The company has demonstrated strong organic growth over the last few years and has a turnover of c.40 SEK million.
“I am very proud of what we have achieved together with our team of highly qualified employees – to establish BRP as the market leading system. I am very enthusiastic about Valedo joining as a strong partner to further support in developing BRP to the next level. We look forward to the cooperation that will bring new exciting opportunities to customers, cooperation partners and employees. As founders we are also very happy to welcome a group of key employees as new shareholders in the company”, says co-founder and CEO Jesper Wetterbrandt.
“This is very positive for our customers and cooperation partners and demonstrates our long term commitment, our focused strategy and our strong resources to accelerate the investments in our platform to become an even stronger partner for our customers and to meet our customers’ needs in the future”, says co-founder and sales director, Magnus Thorarensen.
Alongside Valedo, BRP’s previous owners, key employees and board members will invest in the Company.
The terms and conditions of the transactions are not disclosed.
For further information on BRP Systems, please contact:
Jesper Wetterbrandt, CEO, BRP Systems
jesper.wetterbrandt@brpsystems.se
For further information on Valedo, please contact Valedo’s media contact:
Hanna Bilir, Brunswick Group
+46 (0)709 16 68 66
hbilir@brunswickgroup.com
About Valedo:
Valedo is an independent Swedish investment group that invests in high-quality small and mid-cap companies in the Nordic region. Valedo focuses on companies with clear growth and development potential where Valedo can actively contribute to and accelerate the companies’ development. Being an active owner and contributor of both capital and industrial experience, Valedo helps to ensure that its companies can achieve their full potential. Valedo has completed 22 platform investments and more than 90 add-on acquisitions. Valedo’s businesses have a combined revenue of SEK ~4500 million with ~3 300 employees in more than 20 countries. Valedo’s exited businesses have on average grown by ~250% during Valedo’s ownership.
www.valedopartners.com