Linxfour announces strategic growth investment from CCAP
Linxfour provides a new flexible way of equipment financing, which offers significant benefits to equipment buyers and equipment builders (OEMs). The solution allows to link flexible financing payments to actual equipment utilization levels enabled by Industrial IoT technology, machine data and secure connectivity to transform fixed into variable costs as well as an off-balance sheet acquisition for companies reporting under IFRS. The strategic growth investment will allow Linxfour to further scale its business across Europe and meet the significant demand for its innovative financing solution. Existing investors also participated in the growth financing.
“We are very excited to share the next stage of our journey with the CCAP team, who bring a deep understanding of data, software as well as a wealth of financial and operational experience to Linxfour. The partnership and the incremental capital will support Linxfour in its next growth phase”, said Paul Bruckberger, founder and Co-CEO of Linxfour.
Peter Oser, former banking and insurance executive, angel investor and Co-CEO of Linxfour, said, “The investment by CCAP and continuing shareholder support validates Linxfour’s unique value proposition and exceptional track record with our fully digital integrated financing technology (instant click, price & finance). We will further scale the Linxfour platform across Europe, expand our OEM partnerships and scale the underwriting and portfolio management teams.”
Christopher Caesar of CCAP said, “We are excited to work with Peter, Paul and the Linxfour team who combine a unique and differentiated set of skills, which bridges industrial IoT, data and financing capabilities to offer Linxfour’s clients its innovative financing solution in a fast-evolving industry. We look forward to leveraging our network and experience to support Linxfour’s plans for future growth.”
About CCAP
CCAP is a Frankfurt, Germany based BaFin registered investment and advisory firm founded by Christopher Caesar and Sebastian Hess. The firm focusses on technology, software, data and tech enabled industries where it leverages its experience and operating partners to help companies execute their strategic initiatives. CCAP partners with companies and management teams to provide bespoke capital and advisory value add solutions to accelerate growth. For more information about CCAP, please visit https://ccap.co.
About Linxfour
Linxfour is a disruptive Fintech combining Industrial IoT, data and financing capabilities to offer clients Pay-per-Use financing solutions. Equipment buyers can choose a level of flexibility to manage cash flow, margins, and risk – if equipment is used less, equipment buyers pay less thereby matching instalments to utilization levels. The solution also qualifies as off- balance sheet purchase under IFRS16. For OEMs Linxfour’s solution adds a flexible financing alternative to their sales and Equipment-as-a-Service (EaaS) offerings. Linxfour has over 40 OEM partners including recently announced partnerships with ENGEL one of the leading global injection molding machine manufacturers, Kelvion, a global leading producer of heat exchangers to offer Heatexchange-as-a-Service and WEINIG one of the largest wood processing machine producers to offer Woodworking-as-a-Service. For more information about Linxfour, please visit www.linxfour.com or get in touch.
