Itineris is a leading provider of innovative software solutions enabling water and energy utilities to reach operational efficiency, improve the experience of their customers, and achieve their environmental goals. Itineris develops and delivers UMAX, a modern and highly configurable Customer Information System (CIS), CRM, Asset, and Field Service Management solution built on the powerful Microsoft Dynamics 365 platform. Itineris also offers data intelligence tools to help utilities achieve seamless and efficient data sharing and visualization. Itineris employs over 550 utility experts and has offices in Europe, the UK, and North America.

Cobepa is an independent, privately held investment company with offices in Brussels and New York. Established in 1957, it is a well-recognized private equity investor, with over € 5.1 billion net asset value. In cooperation with the management team of the portfolio companies and in partnership with the co-investors, Cobepa aims to enhance the growth perspectives of our investments as well as the sustainability of their business model.

The investment marks a strong vote of confidence in Itineris’ strategy to become the global category leader in advanced software solutions for the utilities sector. Cobepa brings not only capital, but also valuable expertise and resources in the EU and in the U.S. that will enable Itineris to further innovate, scale its operations, and support utilities as they navigate the complex challenges of the energy transition, climate change, and rising customer expectations.

Eight Advisory team members supporting this transaction:

Financial due diligence: Willem De Loore (Partner), Joris Peers (Director), Tom De Smedt (Senior), Arthur Geldhof (Analyst), Carl Couvreur (Analyst)
Tax due diligence: Christian Van Craeyvelt (Partner), Bram De Roo (Senior Manager), Nils Utens (Senior)