Context

Lacour Group has successfully completed the 100% acquisition of the UK-based software developer Dragon2000, marking its first major international expansion since the 2023 Carlyle LBO. The transaction was funded through a combination of existing cash reserves and CAPEX facilities provided by Capza. This acquisition is a strategic milestone that secures Lacour’s entry into the dynamic British automotive market, adding 1,000 UK clients and €10 million in Annual Recurring Revenue (ARR) to the group’s perimeter. The integration allows Lacour to cross-sell its French aftersales and parts database solutions to the UK market while leveraging Dragon2000’s expertise in dealership management systems. This deal consolidates Lacour’s position as a pan-European leader, scaling its total client base to 10,000 and providing a platform for further expansion into Germany and Spain.

Target

Founded in 1995, Dragon2000 is a prominent British developer of Dealer Management Systems (DMS) and integrated software solutions specifically designed for the retail motor trade. The company’s business model centers on providing a unified platform that combines dealership management, specialized accounting, and vehicle sales tools. Its value proposition is built on vertical integration, offering car dealer websites, garage management software, and used car inventory systems to over 1,000 clients, including major automotive partners. Strategically, Dragon2000 operates as a mission-critical digital partner for independent dealers and large automotive groups across the UK. By automating administrative workflows and integrating sales data with back-office accounting, the firm enables motor traders to enhance operational efficiency and digital customer engagement in a highly competitive retail environment.