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Navidar Advises Tekmetric on Capital Raise from Susquehanna Growth Equity (SGE) | National Business

HOUSTON–(Small business WIRE)–May possibly 24, 2022–

Navidar is pleased to announce that Tekmetric, the foremost cloud-centered shop management process for car repair service stores, has received a Sequence A, development fairness expense from Susquehanna Progress Fairness (“SGE”), a primary progress fairness firm.

Tekmetric, a top store management program developed by a former store owner, allows auto maintenance shop entrepreneurs to boost productivity and raise profitability via its entirely-integrated technique. Tekmetric’s thorough, intuitive interface gives streamlined workflows to help seamless management of just about every part of vehicle repair service outlets. Tekmetric is a match changer for its customers, offering persuasive worth via amplified efficiencies, productivity, revenue and gains.

“As a former store owner myself, I know how hard it can be to obtain a technique like Tekmetric that store homeowners can trust with their organization,” explained Sunil Patel, Co-Founder and Co-CEO of Tekmetric. “At Tekmetric, we strive to develop powerful relationships with our people to guidance their company expansion. The Navidar team’s assistance in this method supplied related assistance that we attempt to deliver to our possess stakeholders, and we recognize their partnership as we take this following action in scaling our business enterprise.”

“Tekmetric’s deep field information and its seamless, person-pleasant store administration process helps make it a leader in the finish marketplaces it serves. Via its partnership with SGE, Tekmetric is effectively positioned to expand its price proposition in both equally present and new markets. Emerging software program firms like Tekmetric are putting Houston in the highlight of excellent cities with a developing tech scene. Navidar is happy to have worked with Sunil, Prasanth and the Tekmetric group to achieve this prosperous consequence,” stated Mark Weisman, Taking care of Director of Navidar.

About Tekmetric

Tekmetric, a Houston-dependent vehicle maintenance technologies organization, features a cloud-dependent platform that allows auto mend shop entrepreneurs to greatly enhance productiveness and raise profitability by its streamlined workflow administration procedures. Intended by a previous store operator, Tekmetric’s platform drives store efficiency as a result of actual-time details, a customizable user interface and consumer-centric communication tools. Since its start in 2016, Tekmetric has disrupted the industry with its strong entirely-built-in procedure, designed with an emphasis on customer transparency and user collaboration. For extra information, take a look at www.tekmetric.com.

About Navidar

Navidar Holdco LLC (“Holdco”), with a presence in Austin, Atlanta, Cleveland, Dallas, Denver, Indianapolis, Minneapolis and San Antonio, is an financial commitment banking company that delivers strategic merger and acquisition guidance, cash boosting options, and corporate advisory providers to firms and traders in dynamic industries. The agency focuses on SaaS software package, eCommerce & Online, data engineering solutions, specialty producing, and health and fitness treatment information and facts engineering firms. Navidar principals have done extra than 400 transactions symbolizing just about $110 billion in M&A and money raising, for both personal and community businesses, around the past 20 years. Navidar Group LLC, an affiliate of Holdco, is a broker-seller that is registered with FINRA and SIPC. To study far more, take a look at www.navidar.com.

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Source: Navidar Holdco LLC

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PUB: 05/24/2022 08:00 AM/DISC: 05/24/2022 08:03 AM

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