Finance

YFM makes investment into ERP business

Published by
TBM Team

Private equity firm YFM Equity Partners (YFM), with offices in Leeds, Manchester, London, Reading, and Birmingham, has completed an investment from its Buyout Fund II into Cooper Software, a Scottish-based Enterprise Resource Planning (ERP) software specialist.

Founded in 2005 by current CEO Frank Cooper, Cooper Software is an independent provider of products, consulting services and support for ERP. The business has over 300 clients worldwide.

The company comprises two divisions: the first specialises in supplying and integrating the IFS ERP system. In addition, Cooper Software has a separate division that has developed its own SaaS solution, ProScope, to complement the Oracle NetSuite ERP platform with which the business has partnered since 2014.

Based in Dalgety Bay, Fife, Cooper Software employs over 70 people and its turnover is expected to reach £6.7 million this year.

The YFM investment team comprised Andy Thomas, Laura Sisson and Ian Waterfield, while Steve Harrison will join the board of Cooper Software. The shareholders were given corporate finance advice by Lee Wojtkiw and Max Perry of Camlee Group and legal advice from Browne Jacobson.

TBM Team

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