hlpy, a number one Italian scale-up in full digital providers for mobility and automobile help, has efficiently accomplished a Collection B capital increase of €18 million aimed toward strengthening its progress course of in main European markets and buying a number one operator in Germany in digital roadside help: HESA Options GmbH – MySchleppApp.
The operation was co-led by Nextalia SGR via the Nextalia Enterprise fund and the present companion Sinergia Enterprise Fund of Alkemia Capital SGR, with the participation of all main shareholders of hlpy, together with The Techshop SGR, CDP Enterprise Capital – fondo Company Companions I, ServiceTech, and Simest. The Collection B consists of 80% capital enhance and 20% long-term financing supplied by credit score establishments.
Because of this monetary injection, hlpy accelerates its worldwide enlargement plan and broadcasts its first M&A operation in Europe with the acquisition of 100% of the capital of HESA Options GmbH, commercially generally known as MySchleppApp, one of many main digital roadside help corporations in Germany and Austria, with annual progress charges exceeding 130%.
The acquisition of MySchleppApp permits hlpy to consolidate its place as the first European operator of full-digital roadside help, providing its providers not solely in Italy, France, and Spain but in addition in Germany and Austria. These providers embody help, restore, and automobile upkeep via the usage of a software program platform based mostly on machine studying and synthetic intelligence. MySchleppApp delivers its providers via a community of over 1,500 companions on the bottom, with operations and a expertise platform that combine effectively with hlpy’s.
Since its market entry in February 2021, hlpy has dealt with over 550,000 help requests and, following the acquisition, expects to triple the volumes of fiscal yr 2023, projecting a constructive EBITDA.
“This operation,” defined Valerio Chiaronzi, CEO of hlpy, “supported by main traders, strengthens hlpy’s management in the European market for digital automotive help. The capital enhance displays our shareholders’ confidence in hlpy’s progress path, which recorded a income enhance of 157% in 2023 in comparison with 2022, and this yr may even develop by triple digits. Regardless of exponential natural progress, we noticed the alternative introduced by MySchleppApp as the proper one to seize to enter an essential market like Germany and clearly mark our progress trajectory and future: to develop into a chief in mobility providers, redefining the foundations and requirements in roadside help, in addition to in automobile restore and upkeep, with none geographical limits. We’re excited to welcome the MySchleppApp workforce, with whom we have fashioned a distinctive synergy from day one, thanks to shared company values, an operational mannequin, and a technological method aligned with our imaginative and prescient.”
hlpy was born in Milan in Could 2020 with the purpose of reinventing automobile help. Because of its progressive digital platform, hlpy goals to create worth for insurance coverage corporations, automotive producers, rental corporations, rescue operators, and, above all, to make the service extra dependable and safe for finish customers.
“We’re proud and excited to affix the hlpy group,” added Santosh Satschdeva, CEO of HESA Options GmbH. “The integration between hlpy and MySchleppApp represents the union of two of essentially the most technologically superior entities within the automobile help sector in Europe, with the widespread aim of offering our business companions and drivers with a superior buyer expertise, whereas additionally decreasing operational prices and automobile downtime. Collectively, we are able to develop a singular service mannequin with none geographical limitations, accelerating the progress of the community and buyer base.”
