Main Capital Partners is proud to announce that last Friday it has successfully executed the final closing of Main Capital VI on the hard cap of EUR 564 million, well above the target size. There was more interest than Main could accept.
Besides commitments from existing investors in our previous funds, we have welcomed several new high quality institutional investors and family offices from around the globe.
Main Capital VI will continue with the strategy to invest in majority buyouts of solid, profitable and growing Enterprise Software companies in our key focus regions Benelux, DACH and Nordics. These companies have an active (cross-border) add-on acquisition strategy to build larger software groups based on both organic and inorganic growth.
Since the end of 2019, the Main Capital Partners team has already been actively deploying Main Capital VI which has led to four new platform companies spread over the Netherlands (Exxellence Groep and WoodWing), Scandinavia (Alfa) and Germany (GBTEC) and one realized add-on acquisition so far. Today it was announced that GBTEC (Germany) has acquired Austrian company avedos (Governance, Risk and Compliance Software). Despite the current unprecedented circumstances, we see ample high quality dealflow opportunities to further deploy the fund in the coming months and years to come.
Including the investments of previous funds, Main Capital has invested in approximately 6 new platform software companies and more than 10 add-on acquisitions of software companies were realized over the past twelve months.
Charly Zwemstra, Managing Partner of Main Capital Partners: “We are very grateful for our investors’ continued support and strive to continue to support and build successful and resilient enterprise software companies together with the founders and management teams of our companies. The goal is to achieve value for all stakeholders.”
About Main Capital Partners
Main Capital is a strategic investor with an exclusive focus on the software sector in the Benelux, DACH and Nordics regions. Main has a long-term investment horizon centered around successful partnerships with management teams, with the goal to, jointly, build larger software groups. Main has approximately € 1 billion in assets under management for investments in mature and growing software companies. Main has investment teams in Germany, Sweden and the Netherlands.
The current portfolio of Main Capital includes growing software- and SaaS software companies like WoodWing, Alfa, Exxellence, Optimizers, Assessio, GBTEC, Onventis, HYPE Innovation, cleversoft, Enovation, SDB Groep, Jobrouter, GOconnectIT, Verklizan, Inergy, MUIS Software, Artegic, OBI4wan, b+m Informatik, ChainPoint and RVC. Successful former companies that have grown substantially under the guidance of Main are: Connexys (HR software), Roxit (governmental software), Axxerion (facility management software) and Ymor (APM software).
The underlying groups and Main Capital Partners jointly employ approximately 3,000 people and generate approximately EUR 400 million in revenue.
Source: Main Capital Partners
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