JTL-Software (JTL), an ERP software provider specialising in e-commerce enablement solutions for small and medium-sized businesses (SMB) across Germany, has secured additional investment from Hg, a private investor in European and transatlantic software and services businesses.
Based in Hückelhoven, Germany, and co-founded in 2008 by two brothers, JTL provides ERP software solutions enabling businesses to sell products online and offline. This product suite automates daily workflows, ranging from managing distribution channels, order entry and warehouse management, all the way to fulfilment.
Today, JTL serves around 50,000 German SMBs with a vibrant and unique user community and achieves strong customer advocacy and retention rates.
Through this new investment, Hg will look to support JTL to continue its SaaS product development and facilitate expansion opportunities regionally and into adjacent sectors. ERP is one of Hg’s most established areas of focus, with the firm having invested around $8bn globally over the last 19 years to grow several businesses in the ERP & Payroll sector.