hlpy, a number one Italian scale-up in full digital companies for mobility and car help, has efficiently accomplished a Collection B capital elevate of €18 million aimed toward strengthening its development 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 by means of the Nextalia Enterprise fund and the present associate 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 improve and 20% long-term financing offered by credit score establishments.
Due to this monetary injection, hlpy accelerates its worldwide growth plan and proclaims its first M&A operation in Europe with the acquisition of 100% of the capital of HESA Options GmbH, commercially often known as MySchleppApp, one of many main digital roadside help corporations in Germany and Austria, with annual development 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 companies not solely in Italy, France, and Spain but additionally in Germany and Austria. These companies embrace help, restore, and car upkeep by means of the usage of a software program platform based mostly on machine studying and synthetic intelligence. MySchleppApp delivers its companies by means of a community of over 1,500 companions on the bottom, with operations and a know-how platform that combine properly 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 optimistic EBITDA.
“This operation,” defined Valerio Chiaronzi, CEO of hlpy, “supported by main buyers, strengthens hlpy’s management in the European market for digital automotive help. The capital improve displays our shareholders’ confidence in hlpy’s development path, which recorded a income improve of 157% in 2023 in comparison with 2022, and this yr may even develop by triple digits. Regardless of exponential natural development, we noticed the alternative introduced by MySchleppApp as the proper one to seize to enter an essential market like Germany and clearly mark our development trajectory and future: to turn into a chief in mobility companies, redefining the principles and requirements in roadside help, in addition to in car restore and upkeep, with none geographical limits. We’re excited to welcome the MySchleppApp group, with whom we have shaped 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 intention of reinventing car help. Due to 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 hitch 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 car help sector in Europe, with the frequent purpose of offering our business companions and drivers with a superior buyer expertise, whereas additionally lowering operational prices and car downtime. Collectively, we are able to develop a novel service mannequin with none geographical obstacles, accelerating the development of the community and buyer base.”
