Connected Capital acquires majority stake in software-driven electric drive and control systems specialist
Official Press Release - Amsterdam, Oct. 22, 2025 - Connected Capital is proud to announce its investment in Noctua and SPIT. Noctua is a state-of-the-art software platform that enables real-time monitoring, analysis and maintenance optimization. SPIT is a leading provider of static and rotating (electrical) machinery services for industrial customers, and differentiates itself by achieving superior outcomes for customers through the deployment of the Noctua platform. The company operates from the Netherlands and serves customers at home and abroad, with a strong reputation in industries that depend on continuity and reliability in their production processes (e.g., food industry and energy).
Condition-based monitoring as a growth accelerator
With the support of Connected Capital, SPIT and Noctua will each further develop their own market position. In addition to organic growth acceleration, SPIT will actively pursue a buy-and-build strategy focused on complementary businesses within the Benelux and Germany.
Key components of SPIT's services include their technical expertise, efficiency and provision of condition-based monitoring - the use of sensors, data analysis and software to continuously monitor the condition of electrical assets. With the Noctua software, SPIT can spot abnormalities early, predict maintenance and thus prevent unplanned downtime. This approach aligns with the broader trend within the industry toward data-driven maintenance and digitization of asset management.
"We are excited to partner with Connected Capital," said Mark Ent, managing director of SPIT. "With their knowledge of software-driven propositions and experience in scaling technology companies and growth through buy-and-build, we can further strengthen our services and accelerate growth both organically and through targeted acquisitions."
"SPIT combines deep technical expertise with a unique software component in the form of Noctua," adds Martin Hemmer, director at Noctua. "That makes the company distinctive and future-proof in a market that is increasingly digitizing."
Collaboration for sustainable growth
Connected Capital's investment marks an important step in the further growth and professionalization of SPIT. The current owners, Mark Ent and Martin Hemmer, will remain actively involved in the company and will continue to shape the growth strategy together with Connected Capital.
"SPIT combines deep technical knowledge with smart software applications," said Susan Lagerweij, Partner at Connected Capital. "We look forward to working with Mark, Martin and the team to build the next phase of growth for SPIT and Noctua - both nationally and internationally."
About SPIT
SPIT is a leading independent service provider specializing in electrical drive and control systems. Based in Almelo, the company serves hundreds of industrial customers in the Netherlands, Belgium and Germany. To complement its technical services, SPIT has developed the Noctua software platform, which facilitates real-time monitoring and streamlined maintenance workflows.
About Connected Capital
Connected Capital is a Dutch investment company focused entirely on European B2B software companies and software driven service providers. Connected Capital supports management teams in achieving ambitious growth plans through capital, strategic expertise and a strong network in the technology sector.
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