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GeoDynamics

Status
Realised
Country
Belgium
Strategy
Small Cap
Entry
Dec-20
Exit
Mar-25
Fund
IK SC II

Leading software provider specialising in location-based software solutions for mobile workforces

Founded in 2004 and headquartered in Kortrijk, Belgium, GeoDynamics (“the Company”) is a leading SaaS provider specialising in location-based software solutions for mobile workforces.

The Company’s software solutions serve over 3,500 customers across construction, utilities, technical and manufacturing services, in addition to local municipalities. The Company serves small to medium-sized enterprises (“SMEs”) and large corporates through more than 57,000 connected devices. The proprietary cloud-based platform allows customers to manage their vehicle fleets in real-time and account for mobile workers’ time and activity registration.

The investment was acquired in December 2020 from Sofindev and the two founders, Stijn Stragier and Petre Vermeesch. in March 2025, IK completed the sale of its stake to Blinqx.

Our Value Creation Strategy

During our ownership, we worked alongside management to:

  • Continue expansion into the core home market;
  • Develop the sales and business development team in order to accelerate growth, as well as expand its service offering to adjacent verticals;
  • Supplement the current product portfolio with new complementary solutions for customers; and
  • Expand internationally and organically through acquisitions.

Investment Team

IK Partners People - Sander van Vreumingen

Sander van Vreumingen

Partner
Amsterdam
IK Partners People - Frances Houweling

Frances Houweling

Partner
Amsterdam