German Equity Partners V (GEP V), a fund managed by independent German investment company ECM Equity Capital Management GmbH (ECM), has invested in the telematics software provider YellowFox GmbH (YellowFox) in the context of a partnership investment. A team led by the two Frankfurt partners Dr. Lars-Gerrit Lüßmann and Dr. Michael Lamsa of the international law firm Taylor Wessing advised GEP V in the investment in YellowFox. The parties have agreed not to disclose financial details of the transaction.
ECM is a trusted partner for medium-sized companies and entrepreneurs in DACH region. Since 1995, ECM has raised the GEP I-V equity funds with a total volume of more than €1 billion and is currently investing from the fifth fund GEP V (€325 million). The funds invest primarily in leading medium-sized companies with attractive growth potential in the course of succession arrangements, partnership investments and corporate spin-offs.
YellowFox offers modular, cloud-based SaaS software solutions for digital fleet and object management that enables substantial increases in productivity and cost efficiency as well as regulatory compliance. The solutions are suitable for all industries, fleet sizes and vehicle types. Co-founder Hendrik Scherf as well as the other shareholders will retain a stake in the company.
