ThinCats, a leading alternative finance provider for mid-sized SMEs, has provided a debt facility to support Rose Street Partners, a newly launched investor in UK private companies, with the acquisition of Fuelsoft, a leading provider of software for the fuel distribution industry.
Founded by David Kingsman and John Allen, Fuelsoft has been dedicated to delivering market-leading software to the fuel distribution industry for decades. With Rose Street and ThinCats’ support, Fuelsoft is poised to accelerate product development, enhance customer support and expand its team to ensure it remains at the forefront of the industry for many years to come.
David Kingsman, who will remain on Fuelsoft’s Board, said: “We are excited to partner with Rose Street as we embark on this new chapter. Their philosophy of long-term investment aligns perfectly with our own objectives, and it will enable Fuelsoft to further develop our products, empower our team and provide the best possible service to our customers.”
Click below to share this article