Pride Capital Partners has invested 2.5 million euro into Dileoz, an HR Software company with a client focus in the governmental industry in Belgium. The financial support of Pride Capital Partners will be used to further develop its own proprietary software and scale the company internationally accordingly. Furthermore, Dileoz and Pride Capital Partners will be open to engage in external strategic partnerships and acquisitions together.
dileoz.com
Dileoz started as a value-added reseller of the Oracle HR solution called Peoplesoft, after which they have shifted to a proprietary product company. They started building their own proprietary software called Dileoz Payment Platform (or ‘DPP’) in 2016 and got live with first clients in 2019. DPP is used as a payroll engine. It includes a full HR ERP solution for the end-to-end management of payroll settlement. An impressive client base has been established with the new DPP software since 2019. Clients are mainly governmental bodies and municipalities, all based in Belgium (mainly Flanders). Bpost, the city of Brugge and province of East-Flanders are amongst their clients. Building out DPP in combination with scaling to the Walloon area and The Netherlands is one of the main goals for the coming years. Pride Capital Partners will help Dileoz both financially and strategically to make it the leading specialist in payroll settlement management.
