Almelo, 13 December 2021 - Investment company Quadrum Capital has taken a stake in DycoTrade of Aalsmeer, a world-wide supplier of ERP and BI software solutions for (commodity trading) businesses in the Food, Feed and Metals industries. Quadrum Capital has acquired the DycoTrade shares from investment company TIIN Capital of Naarden. The current management of DycoTrade will remain in place to continue moulding the company's envisaged ambitions for growth under the auspices of Quadrum Capital.

'As a service' the foundations for future growth

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 optimising 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 prosperous international expansion that we aim to realise with the help of Quadrum Capital."

World-wide ambition 

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 of setting the world-wide ERP standard for trade in raw materials, and to expand into new sectors. Peter Oostenenk, managing partner at Quadrum Capital: "By making the transition to providing software 'as a service', DycoTrade has enormous international growth potential. What is more, given the increasing complexity and uncertainty facing the sectors in which it operates, the solutions that DycoTrade provides are highly relevant. So we have every confidence that we can achieve this ambition in partnership with the management."

Utilising benefits of synergy 

Quadrum Capital is significantly expanding its presence in the IT domain with the stake it has acquired in DycoTrade. Peter Oostenenk continues: "We have a strong IT portfolio. We aim to utilise any synergy benefits that can accelerate the roll-out of DycoTrade's strategy to the full."