hlpy, a number one Italian scale-up in full digital companies for mobility and automobile 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 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 offered by credit score establishments.
Because of this monetary injection, hlpy accelerates its worldwide growth plan and pronounces its first M&A operation in Europe with the acquisition of 100% of the capital of HESA Options GmbH, commercially often called MySchleppApp, one of many main digital roadside help firms 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 in addition in Germany and Austria. These companies embrace help, restore, and automobile upkeep by the usage of a software program platform based mostly on machine studying and synthetic intelligence. MySchleppApp delivers its companies by a community of over 1,500 companions on the bottom, with operations and a expertise 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 constructive 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 enhance displays our shareholders’ confidence in hlpy’s development path, which recorded a income enhance of 157% in 2023 in comparison with 2022, and this yr can even develop by triple digits. Regardless of exponential natural development, we noticed the alternative offered by MySchleppApp as the proper one to seize to enter an vital market like Germany and clearly mark our development trajectory and future: to develop into a chief in mobility companies, 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 crew, 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 Might 2020 with the purpose of reinventing automobile help. Because of its progressive digital platform, hlpy goals to create worth for insurance coverage firms, automotive producers, rental firms, 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 frequent objective of offering our industrial companions and drivers with a superior buyer expertise, whereas additionally lowering operational prices and automobile downtime. Collectively, we are able to develop a novel service mannequin with none geographical obstacles, accelerating the development of the community and buyer base.”
