Breda, December 23, 2024 – ESquare is proud to announce its investment in DoubleGuns B.V., headquarterd in the NAC stadium in Breda. DoubleGuns developed COMTOO, the leading employee communication app for companies and institutions. The investment marks the next phase of accelerated growth focused on further developing and scaling the COMTOO app and growing the team and scale of its operations. COMTOO is a user-friendly and innovative application specifically designed to support employees in sectors such as building & construction, electro- & technical installations, transport & logistics, healthcare and other industries with significant off-desk workforces. The app combines functionality and ease of use to enhance employee engagement, satisfaction, and efficiency in their daily work.
A Partnership for Accelerated Growth
“This investment marks a major milestone for Double Guns,” said Hans van Gorp, current owner of Double Guns and creator of the COMTOO app. “With the support of ESquare, we can continue and accelerate our mission to innovate workplace communication. We are thrilled to bring COMTOO to more organizations and industries, improving the work experience for thousands of employees.”
The investment will enable Double Guns B.V. to further invest in technological innovations, scalable infrastructure and strategic market expansion. ESquare Capital Partners will also leverage its expertise in growth and business strategy to help achieve the Double Guns’ goals and ambitions. Hans van Gorp adds, “I am confident that with ESquare as our strategic partner, the company will accelerate its growth, and that commercial and technical synergies are realized with other ESquare portfolio companies.” After transaction, Hans van Gorp will remain involved with Double Guns, COMTOO and ESquare as a Strategic Advisor and member of ESquare’s entrepreneurial investor network following the transaction.
Why COMTOO?
COMTOO addresses the specific needs of off-desk employees, who are often difficult to reach via traditional communication channels. COMTOO offers:
- Direct Communication: Efficient and targeted information sharing.
- User-Friendly Interface: Easy to navigate, even for employees with limited technical experience.
- Sector-Specific Features: Solutions tailored to the challenges faced by employees in industries such as Construction, Transport & Logistics, and Healthcare.
- Engagement and Satisfaction: Tools that actively engage and support employees, leading to higher retention and job satisfaction.
ESquare Capital Partners: enabling growth and entrepreneurship
“Double Guns has demonstrated that COMTOO is an affordable, intuitive and user-friendly solution for employees of 100+ SME clients”, said Jules Bernaerts, Managing Partner at ESquare. “We strongly believe in their vision to modernize workplace communication for off-desk employees and make a positive impact on industries reliant on engaged employees. We are proud to join forces and be part of this journey.”
DoubleGuns was advised in this process by strategic-financial advisor Jan Verkooijen (NewVOC Management). ESquare was advised in this process by Strategic Catalysts (Commercial Due Diligence), Bert Bastiaansen & Gino van Herpen (Van Oers Corporate Finance, Financial-Tax Due Diligence), Carel Henderson and Max van Eijck (LXA, Legal Due Diligence) and Minka Maas (Taxperience Notary Services).
For more information about this partnership, please contact:
Tamara van de Winkel
Senior Accountmanager
Double Guns B.V. – COMTOO
E-mail: tamara@comtoo.nl
Phone: 085-4010960
Jules Bernaerts
Managing Partner
ESquare Capital Partners B.V.
Email: jules@esquarecapital.nl
Phone: +31 6 20404908
About Double Guns B.V.
Based in Breda, Double Guns B.V. is an innovative software developer specializing in solutions that help organizations engage, inform, and support their employees. The in-house developed COMTOO app is designed specifically for companies with large off-desk workforces to enhance employee satisfaction, efficiency, and retention. Visit www.comtoo.nl for more information
About ESquare Capital Partners
Headquartered in Den Bosch, ESquare is an entrepreneurial technology investment platform that invests the capital of its founding partners and a rapidly growing network of successful entrepreneurs who co-invest alongside them. ESquare focuses on entrepreneurs with solid, scalable technology companies in the Benelux, active in Software (SaaS), IT Services, Platforms, and High-Tech, aiming to accelerate, transform, and/or professionalize their businesses. Visit www.esquarecapital.nl for more information.
