TKD Group has secured a significant investment from Deutsche Private Equity to enhance its mobile device rental services for large corporations, focusing on sustainability and operational efficiency.
Target Information
The TKD Group, based in Munich, specializes in mobile device rental solutions for large corporations with an international presence. Their offerings encompass a variety of smartphones and tablets from renowned manufacturers, allowing companies to integrate these devices sustainably into a circular economy. This model alleviates the burden on clients' procurement, IT, and finance departments while ensuring adherence to Environmental, Social, and Governance (ESG) criteria.
Utilizing its proprietary Software as a Service platform, TKD.360, employees can independently order mobile devices, manage cellular profiles, and effortlessly exchange their devices for the latest models after a specified rental period. Devices are automatically configured according to company security guidelines and delivered directly to employees, making them immediately usable. This approach not only enhances sustainability by offering CO2-neutral usage but also streamlines IT operations and provides a transparent cost overview for financial departments through a monthly rental billing system.
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Industry Overview
The device rental industry in Germany is experiencing significant growth, driven by the increasing need for flexible and sustainable IT solutions among enterprises. The shift toward rem
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Deutsche Private Equity
invested in
TKD Gruppe
in 2024
in a Growth Equity & Expansion Capital deal