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Investments

4

Portfolio Exits

1

About Applegreen Partners

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Petrol Forecourt Retailer Applegreen Partners with Auxilion to Implement IT Transformation Programme on Back of Rapid Growth

Apr 26, 2017

Petrol Forecourt Retailer Applegreen Partners with Auxilion to Implement IT Transformation Programme on Back of Rapid Growth 20+ IT projects implemented over 24 month timeframe Investment in cloud computing to boost resilience, reliability and scalability April 26, 2017 04:10 AM Eastern Daylight Time LONDON--( BUSINESS WIRE )--Applegreen plc (ESM-APGN), Ireland’s publicly quoted petrol forecourt retailer, which has 75 sites across the UK, is implementing a major IT transformation programme with cloud computing specialist Auxilion . The cloud based investment of £435,000 has facilitated the move from legacy IT systems across over 200+ global sites and will support the company’s expansion internationally. Applegreen , which reported revenues of €1.17 billion in 2016, has grown from 64 sites at the end of 2009, to 243 forecourt sites across the UK, Ireland and the USA by the end of 2016. “Exceptional growth rates had placed strains on our existing on-premise technology. The need to rapidly incorporate new sites and scale seamlessly with maximum reliability led to a major review of our IT infrastructure in 2015,” commented Vincent Nolan, Group Head of Information Technology at Applegreen plc who previously managed IT transformation programmes for Dunnes Stores, Musgrave and Smyths Toys. “It is business critical to ensure resilience, stability and scalability when your operations run on a 24/7 basis. Implementing such a major transformation programme without downtime is like trying to change the tyres on a Ferrari without a pit stop.” Working with cloud specialist Auxilion, which operates support centres in Sheffield and Dublin, Applegreen decided to implement a Microsoft Azure cloud computing solution which fits the three major requirements - resilience, stability and scalability. “In addition to meeting the key project requirements, the Azure cloud solution is an Opex rather than Capex model, so it also frees up valuable capital to help Applegreen fund future expansion,” commented Paul Schmitz, chief sales officer, Auxilion. “New sites can be now be added quickly and seamlessly and updates managed centrally with the elimination of costly downtime and upfront investment.” As a cloud computing approach is dependent on a reliable internet and telecommunications network, the first phase of the programme was to consolidate the previous eight telecom providers to one which was implemented by Three. Auxilion has worked in partnership with Applegreen to manage the implementation of IT projects on the Microsoft Azure platform. These include the replacement of in house, end of life Exchange mail servers with cloud based Microsoft Office 365; extending the life of a legacy ERP system by moving from 32 to 64-bit processing; implementing a fully managed firewall service; introduction of a new store management suite incorporating EPOS; hosting of a new payroll system and 24/7 server management and monitoring. VIDEO Vincent Nolan interview : https://www.youtube.com/watch?v=yAuV65i-oY4 - Contacts

Applegreen Partners Investments

4 Investments

Applegreen Partners has made 4 investments. Their latest investment was in Network-1 Technologies as part of their Unattributed VC - III on October 10, 2001.

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Applegreen Partners Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

10/12/2001

Unattributed VC - III

Network-1 Technologies

$6.77M

No

7/14/2000

Series B

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$99M

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0

4/7/2000

Seed VC

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$99M

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0

12/23/1999

Unattributed VC - II

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$99M

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0

Date

10/12/2001

7/14/2000

4/7/2000

12/23/1999

Round

Unattributed VC - III

Series B

Seed VC

Unattributed VC - II

Company

Network-1 Technologies

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Amount

$6.77M

$99M

$99M

$99M

New?

No

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Co-Investors

Sources

0

0

0

Applegreen Partners Portfolio Exits

1 Portfolio Exit

Applegreen Partners has 1 portfolio exit. Their latest portfolio exit was Alumnipride.com on October 06, 2000.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

10/6/2000

Acquired

Date

10/6/2000

Exit

Acquired

Companies

Valuation

Acquirer

Sources

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