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Decisiv secures equity investment from Kayne Partners

Decisiv, a specialist in Service Relationship Management (SRM) solutions, has secured a GBP30 million in equity funding from Kayne Partners, the growth equity group of Kayne Anderson Capital Advisors.

“The investment by Kayne Partners reflects our position as the leading provider of a highly successful and innovative approach to SRM for asset manufacturers, service providers, and asset owners,” says Dick Hyatt, President and CEO of Decisiv. “With this financial support we can continue to pursue ongoing initiatives in commercial vehicle, heavy equipment, construction, agriculture and mining markets in North America, Japan, Europe, Australia and Latin America.”
Decisiv SRM is in use by the industry’s leading commercial asset manufacturers. Over 11 million service events have been actively managed on the platform. By unifying the service supply chain with SRM, adopters of the platform are driving unrivalled uptime and asset utilisation, all while gaining an unprecedented connection to their customers. SRM drives higher asset uptime and longer lifecycles by allowing original equipment manufacturers (OEMs), fleets, and service providers to communicate and collaborate, and by providing real-time management, integration services, and reporting and analytics solutions.
“Decisiv is uniquely positioned within the asset service and maintenance industry and is led by a world-class management team. Decisiv has demonstrated the ability to create tremendous value for its customers and the broader transportation ecosystem, while continuing to develop innovative solutions to further address market needs,” adds Leon Chen, Partner at Kayne Partners. “As technology investors focused on investing in growth, our partnership with Decisiv will allow for further acceleration of its robust product road map and well-defined go-to-market strategy.”
As part of this financing round, Chen will join Decisiv’s Board of Directors, alongside Rob Shilton, Vice President at Kayne Partners.
DCS Advisory, with a team led by Managing Director Dave Dolan, served as the exclusive financial advisor to Decisiv, while O’Melveney represented Kayne Advisors.

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