Founded in 2005 and headquartered in Dalgety Bay, Fife, Cooper Software is a leading Enterprise Resource Planning (ERP) software specialist. The company provides a comprehensive suite of products, consulting services, and 24/7 support for ERP systems, with a particular focus on IFS Cloud solutions and Netsuite. Serving industries such as energy, utilities, manufacturing, construction, food and beverage, and service sectors, Cooper Software has delivered over 1,500 enterprise solutions to more than 300 clients worldwide.
Cooper Software
IT consultancy and software products with a focus on ERP solutions and implementation
Website
YFM investment
Undisclosed
Investment date(s)
2021
Deal type
Buyout
Location
Fife
"In looking for the right investment partner for Cooper Software, we were delighted to receive strong interest and subsequent offers from a number of different investor companies. It was immediately obvious that YFM understood our business, our operations and our people, yet, most importantly, the exciting opportunities for growth."
Key Information
The Business
Why We Invested
In November 2021, YFM Equity Partners recognised Cooper Software’s strong market position and growth potential in the ERP sector. YFM’s investment aimed to support the company’s strategic objectives, including:
- Product Development: Enhancing and expanding their proprietary SaaS solution, ProScope, which complements Oracle NetSuite ERP software.
- Market Expansion: Extending their customer base across the UK and targeting international markets, particularly in Europe.
- Talent Acquisition: Strengthening the management team and board with experienced industry professionals to drive growth and operational excellence.
Growth Potential
Since YFM’s investment, Cooper Software has achieved significant milestones:
- Board Strengthening: Appointed tech veteran Richard Lewis as Chair bringing extensive experience to guide the company’s growth strategy.
- European Expansion: Strengthened its European presence with the acquisition of a German company, enhancing its ability to serve clients across the continent.
- Client Successes: Secured multi-year contracts with notable clients, such as Swann-Morton, for managed support and continuous improvement services, demonstrating trust and satisfaction in their solutions.
- Industry Recognition: Achieved IFS Gold Channel Partner Status, reflecting their expertise and commitment to delivering high-quality ERP solutions.
Future Outlook
With YFM’s continued support, Cooper Software is poised to:
- Drive Innovation: Continue developing and enhancing their product offerings, including ProScope, to meet evolving client needs.
- Expand Market Reach: Pursue further international expansion, leveraging their strengthened European presence and exploring new markets.
- Enhance Service Delivery: Invest in talent and technology to provide exceptional consulting services and support, ensuring client success and satisfaction.