The investment strengthens an established partnership between the two companies, with DeliverUP having been a significant stakeholder and technology partner since DTS was founded four years ago.
Mike Smith will retain a 10% shareholding and continue as Managing Director, leading the business across the UK and Ireland.
The move is expected to accelerate product development and expand the technical resources available to DTS customers, while maintaining the company’s existing UK-based operations and customer relationships.
DTS provides delivery management and operational technology solutions to fuel, LPG and energy distributors, helping businesses improve delivery efficiency, operational visibility and customer service.
Building on an established partnership
Commenting on the investment, Mike Smith said: “This marks an exciting new chapter for our business, our customers and our team.
“DeliverUP has been a significant stakeholder and technology partner since the very beginning, so this investment represents the natural evolution of a relationship that has already delivered significant success.
“By strengthening that relationship, we can accelerate innovation, increase our technical capability and continue providing the exceptional levels of service and support our customers expect.”
The increased investment is intended to support faster development of new features and functionality, provide access to additional technical expertise and strengthen long-term customer support.
For existing customers, the company has emphasised continuity, with the same UK-based team remaining in place under Mike’s leadership.
Supporting future growth
Cédric Grangeon, CEO of DeliverUP, said: “We have worked closely with DTS since its formation and have seen first-hand the quality of the team, their understanding of the UK and Ireland markets and their commitment to customer success.
“Increasing our investment was the logical next step in a partnership that has already proven successful. Together we are creating a stronger technology business that combines local market expertise with DeliverUP’s industry-leading capabilities, creating significant opportunities for innovation and growth.”
The two businesses aim to combine DeliverUP’s wider software development capabilities with DTS’s knowledge of the UK and Ireland distribution markets to support further product innovation and growth.
DeliverUP Technology Solutions will continue to focus on helping fuel and energy distributors improve operational efficiency, compliance, delivery performance and profitability through technology.
Image provided by DTS