Uptake Dealer Acquisition by Texada, a portfolio company of Banneker Partners
Uptake Dealer provides a modern cloud workflow to help heavy equipment dealerships operate their sales and services departments.
CHICAGO IL, GrowthPoint Technology Partners is proud to announce that Uptake Canada, Inc., also known as “Uptake Dealer,” a business unit of Uptake Technologies, has merged with Texada, a portfolio company of Banneker Partners.
Uptake Dealer provides a modern, cloud workflow to help heavy equipment dealerships operate their sales and services departments more efficiently, effectively, and profitably. Uptake Dealer serves some of the world’s largest heavy equipment dealerships globally. The GrowthPoint deal team was led by Alex Loukas and Matthew Stern.
This merger brings together two market leaders, that combined, unite historically siloed solutions to provide equipment rental, sales and service businesses with a single, cloud-based platform. The combined platform will provide end-to-end workflow tools across the entire equipment industry, addressing pain points involved in managing relationships, selling or renting products, tracking assets, and servicing equipment. GrowthPoint is proud to be the exclusive advisor to the Uptake Dealer team and excited for their next phase of growth!”
Alex Loukas, Managing Director at GrowthPoint
Read more from the official press release, here.
An industry-leading SaaS platform for equipment dealer sales and services, Uptake Dealer provides insights to help teams better monitor machine health and planned services, avoid unplanned downtime, and improve the customer journey. Combined with Texada, the organizations bring together market leaders and innovation in enterprise solutions across sales, rental, and service management. The new company, named Texada Software, delivers a best-of-breed, full service, business management platform created by and developed for equipment industry experts.
Banneker Partners invests in enterprise software businesses to drive growth and build sustainable long-term value. Banneker takes a partnership approach to support founders and management teams to achieve their goals by supporting them in implementing proven best practices and making additional investments across functional areas, including sales, marketing, product management, product development, professional services, and customer success, and we complement these growth initiatives with strategic acquisitions that are focused on enhancing customer value.