Target Information

The target of this investment is Reskyt, a B2B SaaS company specializing in providing businesses with applications for Android and iOS derived from their existing websites. This service significantly reduces the time and cost associated with app development, allowing businesses to launch their mobile applications in a matter of hours at an impressive discount of 60-80% compared to managing app development in-house.

Reskyt operates within a robust sector that focuses on transforming websites into mobile applications, addressing a market valued at approximately $229 billion USD. Industry forecasts suggest continued growth at an annual rate of 14% in the coming years, according to Grand View Research.

Industry Overview

The mobile application industry is experiencing significant expansion, particularly in the B2B segment, where businesses are increasingly reliant on mobile solutions for customer engagement and operational efficiency. As enterprises look to digitize their services, platforms like Reskyt meet the essential need for swift and cost-effective app development.

In Spain and across Europe, the SaaS model has gained traction, driven by the demand for accessible technology solutions. This trend is reflected in the rising number of startups leveraging SaaS platforms to streamline operations and improve customer engagement.

With large clients such as PC Componentes and Tradeinn already utilizing Reskyt’s services, the company's proven business model is well-validated in a competitive market. As more businesses recognize the benefits of mobile applications, the stage is set for Reskyt to expand its reach and solidify its market position.

Additionally, the Covid-19 pandemic has accelerated digital transformation initiatives, further propelling growth in the mobile application sector as businesses adapt to evolving consumer behaviors and market demands.

Rationale Behind the Deal

This investment represents our twenty-third acquisition and was executed through a 100% secondary operation, facilitating liquidity for the company's partners. The decision to invest in Reskyt stems from its potential to capitalize on significant market opportunities, backed by a strong management team dedicated to delivering a differentiated product.

The new promoting team, led by Jaume Gomá—known for their prior success with Ulabox—has established a well-structured business plan. This plan focuses on attracting new clients through an aggressive commercial outreach strategy and inbound marketing, while exploring new market opportunities in Continental Europe, Mexico, and potentially the United States in the medium term.

Investor Information

This investment comes from Bewater Reskyt FCRE, a newly established fund, as well as Bewater II FCRE, which is focused on investing in technology companies in Spain and Portugal that exhibit positive cash flow or possess the capacity to achieve it. The fund's strategy encompasses both new investments and secondary offerings, ensuring liquidity for existing partners seeking to diversify their risk.

With a minimum investment threshold of €300,000, our commitment to Reskyt reflects confidence in the company's business model and leadership. Interested investors may contact us at info@bewaterfunds.com as we continue capital raising efforts.

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This investment is aligned with our strategic objectives, as it features positive cash flow, a partnership agreement safeguarding minority shareholders, and a strong management team. Reskyt's operational model positions it favorably to leverage emerging market demands, making it a sound investment choice.

The positive cash flow indicates financial stability and sustainability in the long term, which are critical factors for maintaining investor confidence. Additionally, the focus on inbound marketing and expansion plans suggests that Reskyt is strategically poised to increase its market share effectively.

With a solid initial investment from Bewater and an experienced leadership team, Reskyt exemplifies a promising opportunity in the tech sector. This partnership not only contributes to the company’s growth but also enhances our portfolio through a well-selected investment.

Overall, Reskyt is positioned for future success, providing an excellent opportunity for stakeholders looking to invest in a growing and innovative company within the dynamic app development market.

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