Management buy-out in technology company Pointerpro

Management buy-out in technology company Pointerpro

Service

Sell-side

Year

2023

Transaction

From now on, the commercial branch of the international, fast-growing technology company Pointerpro will be headed by Bart Vanden Wyngaerd. After nearly 11 years, former CCO and founder Mark Penson is passing the torch. Penson will, however, remain a member of the Board and shareholder at Pointerpro. With Vanden Wyngaerd, the company gains an experienced veteran in the technology sector. In addition to Bart, the existing management team was also able to acquire a stake in the company.

 

VDP acted as the exclusive advisor to Mark Penson.

 

 

Pointerpro

Pointerpro was founded in 2012 thanks to the efforts of CEO Stefan Debois and his business partner Mark Penson. The Antwerp-based software company achieved tremendous growth without any venture capital funding and has by now developed into a highly successful tech company. Today, the organisation operates in 65 countries across North America, Western Europe, Australia and New Zealand.

 

Pointerpro believes in relieving consultants from repetitive tasks. Its formula for success lies in the digitisation of services. Pointerpro uses the knowledge of experts as input for creating an assessment. Based on the answers given by respondents, the technology automatically generates customised advisory reports. As a testimony to its success, the organisation has been nominated for a Fast 50 award for the third time now. By presenting these awards, Deloitte – one of the “Big Four” – places the fastest-growing tech companies in the spotlight each year. This nomination comes as no surprise given that the organisation has managed to achieve a 40 percent increase in sales in 2023.

 

As the new Chief Commercial Officer, Bart Vanden Wyngaerd aims to reinforce Pointerpro’s growth through more intensive collaborations with existing customers. He also wants to bring in new customers in the existing sales markets.

 

For more information: www.pointerpro.com