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inepro Raises Strategic Investment From Cape Investment Partners to Capture Growth Potential in European EV-Charging Infrastructure Market
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.”
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