Valero Domingo
Partner
Alerce
Countries
11
across Latin America and Europe
Daily users
15,200
access the Cloud platform
Annual turnover
15%
invested in technological renewals
Founded in 1989 by the Pardo family, Alerce has established itself as a leading transport management software (“TMS”) provider to Spanish courier, carrier and haulage businesses operating in the “less-than-truckload” market.
Its solutions improve customer service as well as cost and environmental efficiency by providing customers with increased visibility and control over core transportation workflows associated with the shipment of physical goods. It offers a product suite centred around its carrier TMS “Alertran”, with a comprehensive and modular portfolio of adjacent products such as “Senda”, a market leading last mile delivery module. Alerce’s solutions are mission critical to its customers as evidenced by minimal churn and high levels of net retention. Alerce has market leading positions across Spain, Latin America and France through longstanding relationships with blue-chip customers.
Our Investment
Oakley's investment in Alerce reflects its strategy of partnering with founder-owned businesses to accelerate growth and facilitate international expansion. As a trusted partner with more than 30 years track record of continuous customer-led innovation and a modern product architecture, Alerce is ideally placed to expand its product offering, both through organic product development and targeted bolt-on acquisitions, and to continue its track record of profitable growth while increasing its proportion of recurring revenues. The highly fragmented European transport and logistics software market presents an opportunity for Alerce to leverage Oakley's expertise in buy-and-build strategies to expand into complementary markets.
This collaboration will empower Alerce to introduce transformative changes and deliver even greater value to our clients, expanding our offering and driving excellence in the transport and logistics sector, while allowing us to further internationalise the company and provide access to the global market.
Pablo Pardo Garcia
CEO — Alerce
Market dynamics
There is an increasing demand for transport and logistics software, underpinned by e-Commerce growth, rising costs of logistics and increasing complexity of global supply chains. The European TMS market of €2bn, with Spanish TMS market of €120m is expected to grow at 14%. Alerce is well placed to benefit from the highly fragmented market, its potential for geographic growth, go-to-market acceleration and product extension aligns well with Oakley's successful track record of scaling software businesses
