Zobito partnered with EQT in providing the necessary financial resources, investing in IFS’s customer offering and its global organization and providing ongoing strategic support.
Two Zobito team members – Mans Hultman and Markus Roithmeier – are on the IFS Board of Directors working hand in hand with IFS senior management to further leverage an already strong value proposition which, according to Markus, could have IFS dominating areas of the EOP market within service and asset-centric industries like aerospace, trains and large manufacturers.
IFS has seen steady growth in shareholder value and, as a result, has proven itself as a recognized leader in providing business software in three core areas: enterprise resource planning (ERP), enterprise asset management (EAM), and enterprise service management (ESM). It currently delivers its solutions to vertical industries such as Oil & Gas, Aerospace & Defense and Field Service Management. It has over 1,000,000 users spread amongst 2400 customers globally.
“We are really excited to be involved with IFS,” said Markus. “They are growing much faster than the rest of the market and offer us the opportunity to be involved with a global market leader capable of going head to head with the SAPs and ORACLEs of the world.”
Together with EQT, Zobito is committed to ensuring that IFS continues to accelerate its growth by helping further define their strategic direction and develop a solid growth plan that expands its ability to offer cost effective global solutions with a robust M&A strategy.