ITmotive Nederland BV
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ITmotive Nederland BV - overview
Established
2007
Location
-, Gelderland, Netherlands
Primary Industry
Software
About
ITmotive Nederland BV specializes in providing advanced software solutions for the automotive sector, focusing on enhancing connectivity and data-driven decision-making to improve operational efficiency. Founded in 2007, ITmotive Nederland BV operates in the Netherlands and delivers tailored software solutions to the automotive industry. The company was fully acquired by IMAWEB 2000, S. L.
in November 2019, though specific financial terms of the transaction were not disclosed. There are no indications of significant pivots in business strategy or changes in operations since its inception. ITmotive offers innovative software platforms designed to streamline operations for vehicle manufacturers and service providers within the automotive industry. Their solutions address critical challenges such as fleet management, vehicle diagnostics, and customer relationship management, serving a diverse clientele that includes automotive manufacturers, dealerships, and service centers across established markets like Western Europe, North America, and parts of Asia.
ITmotive generates revenue primarily through subscription-based services and direct partnerships with automotive businesses. Clients subscribe to software solutions that facilitate various operations, including fleet management and analytics. The company also earns from one-time licensing fees for its proprietary software, alongside continuous support and maintenance agreements. Each product is offered in tailored packages to meet the unique needs of automotive clients.
Following its acquisition in November 2019, ITmotive's growth strategy is expected to focus on enhancing its software offerings and expanding into new markets. Specific plans regarding new product launches or geographic expansion have not been detailed, but the acquisition may provide additional resources for development and market penetration. No funding information has been provided to indicate how recent transactions will support these initiatives.
Current Investors
IMAWEB 2000 S.L.
Primary Industry
Software
Sub Industries
Systems Management Software
Website
www.itmotive.eu
Company Stage
Add-on
Total Amount Raised
Subscriber access only
ITmotive Nederland BV - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | ITmotive Nederland BV | - |
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