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Ekon

Ekon is a leading Spanish provider of Enterprise Resource Planning Software

Founded in 1963, Ekon provides Enterprise Resource Planning (ERP) software to over 1,000 small to medium-sized (SME) businesses in Spain. Ekon’s modular software suite includes horizontal functionality across Finance, HR, CRM and operations, with dedicated vertical modules for its core end markets: manufacturing, wholesale, health, retail and construction. Ekon’s ERP is available in the cloud or on-premise.

In June 2019, we partnered with management to acquire a majority stake in the company as a carve-out from Unit4.

Market Dynamics

Compared to Northern Europe and North America, Spain has lower ERP adoption amongst SMEs and has been slower to move to the cloud, offering significant headroom for growth as Spain moves in-line with international benchmarks. With a leading cloud product and positioning as a Spanish champion, Ekon is well placed to benefit from the structural shift to the cloud in a market dominated by legacy technology and international vendors.

 

Ekon
Sector
TMT
Location
Spain
Status
Current
Status
Fund III
Investment Year
2019
Oakley is a highly supportive partner and is well-aligned with our ambitions to accelerate growth.
Juan Antonio Fernández Ekon CEO
Our Portfolio