Epod Solutions Group Limited, which trades as ‘Podfather’, has received a £3.4m investment from Maven Capital Partners to internationalise the business and support the rollout of its latest enterprise software solution.
The Edinburgh-based business provides a comprehensive cloud-based logistics software solution designed to streamline fleet operations.
The transaction includes funding from Maven Investor Partners and IFS Maven Equity Finance, from the Investment Fund for Scotland (“IFS”), managed by Maven and delivered by the British Business Bank.
Established 25 years ago, Podfather has built a reputation for its commitment to innovation and customer support, positioning the business as a trusted partner to a diverse blue chip client base looking to enhance their logistics operations.
It operates across multiple industries, including logistics, construction, food & drink and healthcare, with its platform offering a fully integrated enterprise solution.
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“Podfather is a leading operator within its field, and we are delighted to have provided our clients with the opportunity to invest in this well established and profitable business,” said David Milroy, partner at Maven.
“With our backing, and the clear ambition of Colin and his team, we are confident Podfather’s growth strategy can be realised and we look forward to helping the business capitalise on the growing market opportunity.”
Colin McCreadie, managing director at Podfather, added: “Maven’s backing comes at an exciting time for Podfather as we continue to innovate and scale, and it further strengthens our position as a leading player in logistics management software.
“We are working to bring a new, innovative product to market, and through this partnership, we can accelerate that launch process.
“Most importantly, this partnership will enable us to deliver even greater value to our clients, helping them operate more efficiently, make smarter decisions and stay ahead in an increasingly complex logistics landscape.”