Installatørgruppen, a portfolio company owned by FSN Capital, has a clear mission: to acquire and unify Denmark’s technical installers, driving efficiency and profitability across the group. With acquisitions as a key growth driver, Installatørgruppen needed a solution to integrate new companies, creating operational synergies—particularly in procurement. To achieve this, they required a unified data platform to facilitate integration, enhance procurement insights, and centralise reporting across the group.
We collaborated closely with Mark von Holstein, Finance Director at Installatørgruppen, to co-develop a scalable data solution that consolidates financial data and enables faster, data-driven procurement insights. Mark’s in-depth understanding of the group’s strategic goals was instrumental in tailoring the platform to unlock procurement efficiencies and optimise costs through smarter negotiations with wholesalers. This solution has positioned Installatørgruppen as a leader in leveraging data for operational synergies and strategic procurement.
Client Testimonial
With the help of Pyne, we are able to onboard new companies to our data platform in a matter of minutes. Our partnership with Pyne has been a game-changer,” says Mark. “Their expertise in data analytics and engineering has provided us with deep insights that have significantly optimised our operations and strategy.
Fast Integration on a Unified Platform: New companies are integrated onto a single, central platform in under two hours. This consolidation provides easy access to all financial data, simplifying group-wide management.
Data-Driven Procurement for Cost Optimization: With a comprehensive view of procurement data, Installatørgruppen conducts more effective negotiations with wholesalers, leading to substantial savings. Invoice control remains an important but secondary benefit, allowing quick adjustments in cases of overbilling.
Scalable, Lean Operations: Our solution is designed for a lean operational setup, supporting Installatørgruppen’s €300 million revenue with minimal personnel.
As a portfolio company focused on acquisitions, Installatørgruppen encountered several typical integration challenges:
The lack of centralised insight led to suboptimal decisions, operational inefficiencies, and reduced enterprise value, especially critical in a private equity environment focused on increasing value for future sale.
To address these issues, we collaborated closely with Installatørgruppen’s team, designing a solution tailored to their unique needs:
Phased Rollout Strategy:
We piloted the platform with a single portfolio company, validating its effectiveness before scaling it across the group to ensure consistency and efficiency.
Unified Data Platform:
With the help of Mark, we consolidated financial data from multiple ERP systems (Navision, E-conomic, Business Central, Ekomplet) into one centralised repository, providing comprehensive visibility across the group.
Standardised Reporting Metrics:
Together, we established consistent reporting standards for key metrics (P&L, Balance Sheets, Cash Flow), creating a reliable financial picture across the portfolio.
Automated Processes to Minimise Redundancy:
By automating repetitive tasks, we streamlined operations, saving time and resources across the group.
Integrating Systems with Weld
Using Weld as the ETL tool, we integrated data from various ERP systems into one unified platform. This approach provided Installatørgruppen with a scalable, lean data solution, aligning with their operational needs and growth strategy.
Customised Financial Reporting with Streamlit and Power BI
To meet reporting needs, we initially developed a dashboard with Streamlit, allowing flexible access to essential financial metrics. Installatørgruppen’s team has since expanded capabilities with Power BI, creating additional reports that enhance data-driven decision-making.
Transparent Data Lineage
We implemented a transparent data lineage, tracing data from source to final reporting. This transparency builds trust and ensures data integrity, essential for strategic initiatives.
Data-Driven Procurement Insights
Centralised procurement data enables Installatørgruppen to identify trends and negotiate better terms with wholesalers, optimising procurement costs. While invoice control remains a useful function, it’s the holistic view of procurement data that drives substantial savings.
Enhanced Enterprise Value:
Consolidated data provides reliable insights across companies, strengthening Installatørgruppen’s valuation.
Optimised Procurement Strategies:
Comprehensive data insights empowered better negotiations, reducing procurement costs significantly.
Real-Time Reporting Across the Portfolio:
Centralised data provides timely insights for agile decision-making, increasing efficiency.
Foundation for Advanced Analytics:
With a robust data foundation, Installatørgruppen is positioned to explore future AI-driven capabilities, enhancing competitiveness across the group.
If your organisation faces similar challenges with data integration, reporting consistency, or operational inefficiencies, we can help. Book a free data assessment today to explore how a unified data solution can drive operational synergies and deliver measurable value. Visit us at pyne.dk/contact to get started.
