Renovotec acquires Spirit Data Capture
18 March 2019
The supply chain technology company is Renovotec’s fourth acquisition since 2013, and the expanded company will have a turnover of £25 million.
The move is said to exploit company synergies in that Renovotec is an established in-warehouse technology leader while Spirit Data Capture is strong in field service technology, including proof of delivery (POD). It has also won major support contracts for smart meter rollouts.
Renovotec is growing at 15% per annum and plans further acquisitions.
The Spirit Data Capture acquisition was made by Renovotec Investments. It is Renovotec’s fourth acquisition since 2013 and follows its earlier takeovers of maintenance specialist Datatrade, automatic identification and data capture company Sandpiper Corporation and rugged hardware specialist PTEL. Spirit Data Capture is a mobile enterprise technology specialist whose flagship, scalable platform ‘Mobile Connect’ allows the user to deploy a wide range of mobile apps quickly and easily, streamlining supply chain processes and optimising mobile worker efficiency.
Renovotec MD Richard Gilliard says: “Renovotec now combines the competitive purchasing power of a larger organisation with levels of service and innovation that only an independent supplier can provide. For users of all sizes across the supply chain, we now offer the best of both worlds.”