Droppoint was looking to partner with an experienced investor to optimise go-to-market, improve sales excellence and support technology development. Pemba was chosen as the preferred partner due to its extensive experience in technology and its track record in supporting the organic growth strategies for Australian businesses through its dedicated Accelerate capability.
THE PARTNERSHIP
We're excited to announce that Pemba, a leading investor in companies with attractive, sustainable growth dynamics within defensive sectors, partnered with Droppoint, a market-leading provider of mission-critical logistics software and supply chain solutions for the field services sector.
ABOUT DROPPOINT
Droppoint was established in 2004 having been delivering market leading field service logistics for 20 years. Droppoint is a leading provider of logistics software (MOS – Materials Orchestration System) that enables companies to track, manage and order inventory at a warehouse and field level. The business also utilises a network of transport & logistics providers to facilitate the delivery and storage of parts in convenient locations across Australia and New Zealand(Droppoints) specifically designed for technicians in the field. With over 500 Droppoint locations Droppoint enables significant cost savings, Co2 reductions and improved compliance with SLAs (service-level agreements) which require goods to be repaired in a set timeframe, for its medium to large enterprise customers.
BACKGROUND TO PEMBA’S PARTNERSHIP
Pemba began discussions with Droppoint in July 2023 after identifying logistics software as an attractive, high-growth sector driven by increasing demand for supply chain visibility and increasingly strict SLA obligations for field service organisations. Droppoint was seeking an experienced investor with the capabilities and expertise to support the business’ continued transition to a software-led business. The Pemba team’s alignment with the vision of the management team and track record of growing vertical software companies into market leading businesses made them a natural fit to support Droppoint’s next phase of growth.
Our purpose is to be the provider of the most effective and innovative materials orchestration solutions for the service industry in Australia and around the world. Partnering with Pemba allows us to capitalise on the significant market opportunity we have by providing access to an experienced team of professionals who can help guide and support our transition to a medium size enterprise that can facilitate and sustain rapid growth over a long period of time. - JASON FLANAGAN - CEO, DROPPOINT
THE FUTURE
The Droppoint team are excited to work with Pemba to accelerate the growth of the business, with a key focus on ongoing technology improvements and innovation, we're excited to see what Pemba can help Droppoint to achieve for it's existing customer base and in expanding our market presence within the field service industry. Droppoint’ mission is to be the market leading provider of logistics software and supply chain solutions for the field services sector in Australia.
To find out more about Pemba Capital visit: https://pemba.com.au/
