Main Capital opens an office in Düsseldorf
Main Capital Partners is pleased to announce the opening of its German office in Düsseldorf on August 1st 2016. With the presence in the German software market in North Rhine-Westphalia, Main Capital is convinced that it can better support their Benelux based software groups expanding into the DACH area and also offer the Main Capital knowledge, expertise and network to many software companies in the DACH region.
As a semi-strategic software investor, Main Capital has a full focus on the software industry in the Benelux and Germany. Last year, the German Fintech software group b+m Informatik was added to its portfolio and recently Main Capital invested in the business combination of EuroSystems and ABIT, located in Meerbusch/Düsseldorf. Next to that, the Flensburg-based Daarwin was integrated to SaaS healthcare portfolio company Regas. With Main Capital’s presence in Germany, it believes it can have an even better focus and understanding of the market and therefore will be able to have a local touch with German software companies.
Charly Zwemstra, Managing Partner at Main Capital Partners: ‘The German market is the leading software market in Europe, not just in terms of domestic size, but also in quality. It is our goal to help German-based software companies grow, also internationally, just as we have helped and are still helping Benelux-based software companies. We intend to support these software companies with the sharing of business model experience, clever partner strategies and selective acquisitions.’
A team of four investment professionals will start working at the Düsseldorf office. It is an experienced group of people with a good understanding of the market and German (business) culture. They will not only focus on the interesting Düsseldorf area, but on the whole country.
Next to Managing Partner Charly Zwemstra, the DACH office will be headed by Main Capital’s senior investment team member Sven van Berge Henegouwen. Expectation is that this team, just as the team based in The Hague (the Netherlands), will continue to grow.
Main Capital’s track record of helping the software industry as a whole via its successful events like the “Main Insight event” will also be expanded into Germany:
Charly Zwemstra: ‘In the Netherlands we have several successful events that are aimed at bringing together leaders of the software industry to learn from and share knowledge and experience with each other and to get more visibility for this important segment of the economy. We believe we can do the same thing for the German software industry.’
Next to investing in new software groups, the German team will also provide assistance to the Benelux based Software groups with a buy and build strategy in the DACH region. The aim is to create stronger, larger and more visible software companies in both the DACH region as well as in the Benelux.
About Main Capital Partners
Main Capital is a Private Equity investor with an exclusive focus on the software sector in the Benelux and Germany. Within this sector, we are the most specialized company in management buyouts and later-stage growth capital. Main Capital has approximately € 150 million under management for investments in mature but growing software companies in the Netherlands and Germany. An experienced team of professionals manages the Private Equity Funds. Next to Private Equity, the firm manages a pool of capital invested in Mezzanine loans.
In the current portfolio of Main Capital are rapidly growing (SaaS) software companies like OBI4wan, Axxerion, b+m Informatik, Ymor, Roxit, OnGuard, Sharewire, SecondFloor, ABIT/EuroSystems, Sofon Connexys, Regas, ChainPoint, RVC and TPSC. We also invested in managed hosting provider Denit. Last year, Main Capital sold its majority stake in VisionWaves to the Swedish listed IFS AB and Zetacom was sold to Gilde Healthcare. In addition, Main realized a successful exit of cloud storage company IASO to the US cloud provider GFI Software in 2013. In 2012 Main Capital sold Tedopres to the listed Finnish player Etteplan and Actuera was sold to Waterland Private Equity.
Other Business lines of Main Capital Partners are Main Mezzanine Capital and Debt Advisory.