Investment company Quadrum Capital has taken a stake in DycoTrade, a worldwide supplier of ERP and BI software solutions for commodity trading businesses in the Food, Feed, and Metals industries.
The foundations for future growth
DycoTrade, which won the FD Gazelle Award for the fastest-growing companies in the Netherlands from 2017 to 2019, has developed into a solid, internationally-operating company with around 70 employees under the leadership of CEO Arie Willem van der Plas and CCO Ouko Reitsema.
The software developer has the ambition to set the worldwide ERP standard for trade in raw materials and expand into new sectors.
DycoTrade’s solutions are based on the Microsoft Dynamics 365 platform, with the addition of proprietary intellectual property, and help businesses reduce their overheads and mitigate risks while boosting profitability and efficiency. They serve customers worldwide from their head office in Aalsmeer and via DycoTrade’s international partner network.
Over the past few years, DycoTrade has concentrated on bringing its Microsoft Dynamics 365-based ERP solutions to the cloud. This means that customers purchase DycoTrade’s software ‘as a service rather than procuring it from them and running it locally.
Arie Willem van der Plas, CEO at DycoTrade:
“This transition means that we can support our customers more quickly, flexibly, and efficiently in terms of optimizing their operational and logistical processes. Furthermore, the new model formed the basis for the rapid growth that we have experienced over the past few years, which is the foundation for the successful international expansion that we aim to realize with the help of Quadrum Capital.”
Utilizing benefits of synergy
Since its establishment in 2012, Quadrum Capital has built up a comprehensive portfolio of companies in which it has a stake in a range of sectors, with a strong presence in the domains of IT and Tech.
DycoTrade is participating from Quadrum Investment Fund III. This, the fourth Quadrum Capital fund, has equity of EUR 250m and is primarily financed by individual entrepreneurs and entrepreneurial families.
Quadrum Capital is significantly expanding its IT domain with the stake it has acquired in DycoTrade. Peter Oostenenk continues:
“We have a strong IT portfolio. We aim to utilize any synergy benefits that can accelerate the roll-out of DycoTrade’s strategy to the full.”
Commodity ERP Software Solutions for your Commodity & Trade business.
We deliver commodity ERP software solutions for commodity and trade companies worldwide. Simplifying all trade and logistical operations.