Invested in Fliit.
How we help.
GOVERNANCE
- Parc, through its board influence, assists founders in adding rigour to reporting and decision-making in their business.
- This rigour through our investment adds value by freeing up your time, assisting the business make decisions, and at exit by giving future shareholders confidence in the quality of systems, processes, and financial performance.
STEWARDSHIP
- Parc provides an aligned sounding board and insights to founders that helps set the strategy and steer the course.
- Our stewardship may also involve access to Parc investors and network that can assist you with the challenge or opportunity at hand.
- We are active investors with our own capital invested, so your success is our success.
TECH ENABLEMENT
M&A
MINORITY INTEREST
- Parc does not require control positions in its companies, unlike many traditional investment firms.
- Our fund and co-investment model provides you with greater flexibility, allowing for longer term capital to scale as needed.
- This flexible capital further enables founders and parc to build a long-term partnership.
FOUNDER
ENHANCEMENT
- Providing support to founders is as important as supporting the company.
- We understand what it is like to be in your shoes and can provide a sounding board and mentorship through our partnership.
- Founder enhancement often includes attracting key executives and non-executives to the company to create value and options for founders on exit.
Parc Investment
2023
Investment source
Fund
Investment use
Growth capital
Key milestones
Overview.
Fliit is a fast-growing B2B vehicle hire and fleet management business based in Queensland that currently services infrastructure and clean energy projects across Australia. After doubling its fleet to 200 vehicles on-hire in 2022, the business continues to grow and is busy maturing its supply chain to meet this demand. Fliit is also provisioning for smart technology to support its clients optimise their fleet use.
Why we invested.
The infrastructure and energy industry is of growing importance in Australia, particularly with more focus on cleaner energy sources. Fliit delivers into these industries with a streamlined national service offering that is disrupting the previously difficult to manage patchwork of individual branches of large global businesses, and small localised players. Fliit is well positioned to deliver into a growing number of industries.
Why Fliit chose us.
The founder was looking for a true partner with experience in building businesses and efficient operating models to assist him successfully scale Fliit to become the go-to specialised fleet management solution.
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