Code & Co.

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Engagement — Platform Due Diligence

Code & Co. advises ECM on its investment in telematics software provider YellowFox

YellowFox has firmly established itself as a leading provider and is one of the fastest-growing companies in Europe in this fragmented market. Code & Co. advises the investor on the Technology & Product Due Diligence of the transaction.

  • YellowFox is one the fastest-growing providers of intelligent telematics solutions, which can be used in all industries, vehicle types, and company sizes.
  • Around 60,000 vehicles are already equipped with YellowFox's solutions, ensuring transparency, productivity, cost savings and compliance with applicable regulation.
  • ECM supports the further development of YellowFox as an entrepreneurial partner.
  • Code & Co. advises ECM on the Tech & Product Due Diligence of the transaction.

ECM Equity Capital Management (ECM), has invested in the telematics software provider YellowFox, one of the fastest growing software solutions providers in the sector.

Founded in 2003 and headquartered in Kesselsdorf near Dresden, Germany, YellowFox offers modular, cloud-based SaaS software solutions for digital fleet and object management enabling substantial productivity gains, increased cost efficiency, and regulatory compliance. The solutions are suitable for all industries, fleet sizes, and vehicle types.

The company has a broadly diversified customer base across the DACH region and Benelux and around 60,000 vehicles are already equipped with YellowFox's solutions. YellowFox’ telematics solutions enable simple and efficient generation, analysis and presentation of data as well as communication between the company, employees, fleet vehicles, objects, and mobile devices. The high degree of standardization, cloud architecture, interfaces and modular design allow new customers and additional systems to be connected quickly and without significant implementation efforts. The telematics offering is modular and can be expanded as required to include various functionalities such as tachograph data management, driving style analysis, object management, working time and activity recording, driving license control, expense accounting, route planning as well as comprehensive fleet and order management solutions.

With its extensive experience in supporting growth, internationalization, as well as buy-and-build strategies in medium-sized companies, the entrepreneurial investor ECM will actively contribute to YellowFox’ further development.

Florian Thelenberg, partner at ECM: “YellowFox is an exceptionally fast growing player in a highly relevant market, and the company's growth prospects are exceptional. Code & Co.'s technology and product assessment helped us greatly with answering questions about the resilience and technical and product opportunities of YellowFox's software, now and in the future, as the industry continues to evolve."

Code & Co. advised ECM on the Tech & Product Due Diligence of its investment. Code & Co. assessed YellowFox's product, technology, and engineering capabilities with a focus on the company's software design, scalability, product roadmap, and machine learning- enabled data strategy.

The transaction underlines Code & Co.'s strong positioning as an established technology and product advisor on private equity mandates to clients across Europe.