AccountsIQ users MicksGarage.com raise €1.5m for expansion
AccountsIQ users MicksGarage.com have announced a successful funding round of €1.5 million to continue their growth plan in the UK. As an e-commerce business headquartered in Dublin, MicksGarage offer over 7 million online product listings of car parts and accessories. With subsidiaries that specialise in distribution in Poland and now the UK, funding was provided by Investec who commented on MicksGarage prospects for growth, mentioning that expansion into larger markets will create scope “to build an international business of scale.”
Micksgarage chose AccountsIQ for its scalable cloud solution enabling multi-location access and consolidated accounts. The requirement to run inter-company analysis and identify group wide KPIs made AccountsIQ a strong fit for the organisation. Shipping to over 70 countries worldwide, MicksGarage have successfully integrated their own bespoke platform with AccountsIQ, merging the nuances of their operation with AccountsIQ financials. Adopting our software has proven to be an important strategic decision, as they look to expand globally with the support of AccountsIQ.