INspares Secures Growth Funding

INspares Secures Growth Funding for Spare Parts Management Software
Platform enables seamless, digital transparency of electronic components in operation

Aachen, June 3, 2025 – S-UBG AG, a regional private equity company based in Aachen, has invested in INspares GmbH. The company, headquartered in Wegberg, has developed a software solution that gives industrial enterprises full transparency over their electrical components, including lifecycle and wear data – enabling timely spare parts procurement and helping prevent system failures. With this new capital, INspares plans to strengthen its market position, forge new partnerships, and expand its product portfolio.

“Spare parts management for electrical control systems has gained significant importance in recent years,” says Dr. Ansgar Schleicher, Member of the Executive Board at S-UBG AG. “The growing electrification of production facilities since the 1990s has resulted in aging, yet still operational, assets that are becoming increasingly complex to maintain. Stocking critical components and proactively replacing them has become business-critical. A single component failure today can halt an entire production line and cause significant financial damage.”

Minimizing Unplanned Downtime

With INspares’ OT360 platform, companies can record and continuously monitor their components (obsolescence management) – independent of manufacturers and with a focus on the actual components in use. The software alerts users to potential risks and lifecycle changes. Interfaces make it easy to synchronize data between suppliers and manufacturers. Initial repair service providers and distributors are already connected to the platform, unlocking additional value.
“Our platform records components from any manufacturer and can be tailored to the specific requirements and operational environments of our customers. This flexibility sets us apart from the competition,” explains Managing Director and automation expert Carsten Finke, who founded INspares in 2020.

Since its founding, the company has positioned itself as a first mover in the German components management market. Its roughly 20 clients include industrial companies (especially in the food industry, mechanical engineering, automation technology, manufacturing, logistics, and energy sectors), system integrators, and maintenance/service providers. Municipal utilities are also starting to see the benefits of transparent component monitoring.

Promoting Sustainability Through Reuse

“Everyone wants to operate systems and machines for longer. But electronics pose a challenge. With our system and future-focused approach, we create the foundation for strategic decisions. Even when systems recorded by our platform enter the recycling loop, we can instantly contact component recyclers who can give parts a second life,” says Finke.

Strong Market Growth Expected

Market forecasts for obsolescence management in industrial automation are highly positive, with a projected annual growth rate of 27.1% through 2034.
“INspares already holds a leading position in this growth market, which now needs to be scaled and internationalized,” says Schleicher. “The management team is experienced and well connected. We believe that, with their technological edge, new partnerships, and rising demand for obsolescence management, the company has strong business potential to unlock.”

Press Contact
S-UBG AG
Dr. Ansgar Schleicher
Executive Board
Markt 45–47
D-52062 Aachen
Phone: +49 (0)241 470 56 – 0
Email: schleicher@s-ubg.de
Website: www.s-ubg.de

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About the S-UBG Group:
The S-UBG Group, based in Aachen, has been the leading private equity partner for established medium-sized companies (S-UBG AG) and young, tech-oriented startups (TechVision Fund) in the regions of Aachen, Krefeld, and Mönchengladbach for over 35 years.

S-UBG AG invests in high-growth sectors, with strong management quality being a key investment criterion. The firm develops both open and silent partnership models for SMEs and has extensive experience in expansion financing, shareholder transitions, and succession planning (MBO/MBI). S-UBG only takes minority stakes.

The S-UBG Group is currently invested in nearly 40 companies in the region, making it one of the leading players in the Sparkassen-Finanzgruppe.
More information: www.s-ubg.de | tvf.vc

Image Material:
Photo 1 (left to right): Humberto Duarte and Cäcilie Chwallek (S-UBG), Carsten Finke (CEO INspares), Dr. Ansgar Schleicher (Executive Board, S-UBG AG), Gerrit Fischer (CEO INspares), Björn Höper and Sebastian Fink (INspares)
Image Source: INspares GmbH