Main Capital acquires a majority stake in HR-software provider PERBILITY

Main Capital has acquired a strategic stake in PERBILITY, a leading provider of a cloud-based Human Resources platform. Through its rich set of functionalities, PERBILITY’s software offers clients a user-friendly and fully-integrated suite to effectively manage their employee base across the entire employee lifecycle ranging from recruiting to organizational planning.

___________________________________________________________________________

‚Deals in Europe‘

Private Equity Investments in Europe

• 14-daily publication with ALL Private Equity Deals in Europe
• With every ‚Deals in Europe‘ issue you will receive an update of ALL deals from the respective year as an Excel file
• Detailed information of target, investors, buyer, seller and advisors

More information / EXAMPLE edition of ‚Deals in Europe‘

____________________________________________________________________________

Founded in 2009 with headquarters in Bamberg, PERBILITY has quickly grown into a leading HR solution provider in Germany with over 70 employees. The software’s modular and integrated design offers flexible, comprehensive and intuitive solutions for customers looking to digitize their HR workflows. The suite covers a wide range of features and is particularly strong in the “Core HR” segment, which covers, among others, the management of personnel data, organizational planning, talent management and HR processes. Additionally, the platform includes features assisting users in recruiting, workforce management, and e-learning. PERBILITY currently serves a well-diversified client base and has a particularly strong market position in the German Cooperative Banks ecosystem, savings banks, as well as municipalities and other governmental institutions.

Many HR managers and executives struggle managing their employee base in an efficient and centralized manner. Moreover, the increasing number of remote workplaces further complicates these tasks. The resulting complexity forces more and more companies to invest in the standardization and automation of their HR processes. Industry analysts expect the growing pressure will increase the number of organizations making use of HR software solutions and thus spur the overall market growth in the years to come.

Looking forward, Main Capital will actively support PERBILITY and its CEO and founder Andreas Meck in maintaining its strong growth momentum (on average over 25% growth p.a. since 2016) by further expanding into adjacent customer segments and extending the value proposition for its customers. Besides organic growth initiatives, strategic add-on acquisitions will be an important pillar of the growth strategy to complement the innovative product and services portfolio, further broadening the geographical footprint as well as consolidating the market position. Mr. Meck and Main Capital have been in contact for several years and are excited to now continue as partners and joint shareholders into a promising future.

Andreas Meck (CEO and founder of PERBILITY): “We have been in ongoing contact with the team from Main Capital Partners for several years. Over this time, we have always valued their deep know-how in the software sector, industry contacts and the general positive spirit regarding our software and business. Together with our new partner, we are set to achieve yet another record-breaking year in 2021 and continue our expansion.”

 Sven van Berge Henegouwen (Partner & Head of Germany of Main Capital Partners): “We have always been impressed by PERBILITY’s strong growth and modern software solutions. We also believe PERBILITY’s open and family-oriented corporate culture to be a key pillar of their future road to success. The company still has ample leeway for further growth, which we aim to complement with a selective buy-and-build strategy to expand the product portfolio and value proposition to customers.”

______________________

About PERBILITY

PERBILITY is a leading, cloud-based provider of modern HR software solutions in the German-speaking region. Our award-winning software solutions are used by more than 1,300 companies nationwide. HELIX is the tool of choice to facilitate the daily challenges of HR managers through the use of innovative concepts for modern personnel management. Under the motto “HR and digitization grow together”, we consistently interpret our own role not only as a software implementer, but also attach great importance to professional expertise in the areas of HR and digitization. Next to the core HELIX platform, we also provide a wide range of features in recruiting, employee feedback systems, as well as e-learning, all under one roof and fully integrated as one modern suite.

About Main Capital

Main Capital is a strategic software investor with an exclusive focus on the software sector in the Benelux, DACH-region and Scandinavia. Within this sector, we are the most specialized party in management buy-outs and later-stage growth capital for strategic acquisitions. Main Capital has approximately Euro 1 billion under management for investments in mature and growing software companies in the Netherlands, DACH-region and Scandinavia. An experienced team of professionals manages these Private Equity funds from offices in The Hague, Düsseldorf and Stockholm.

In addition to PERBILITY, the current portfolio of Main Capital Partners includes fast-growing software and SaaS companies such as Pointsharp (Identity & Access Management), Textkernel (HR & AI software), MACH AG (E-Government software), WoodWing (marketing automation), Alfa (healthcare), Exxellence Groep (government software), Optimizers (supply chain software), Assessio (HR & Talent management), GBTEC (process automation / workflow management/ GRC), Onventis (procurement & invoice management), HYPE Innovation (innovation management / collaboration), Cleversoft (GRC for financial services), Enovation (Healthcare), SDB Groep (Healthcare), JobRouter (Process automation), GOconnectIT (GEO ICT), Inergy (data-driven governmental solutions), MUIS Software (financial administrative), Artegic (marketing automation), OBI4wan (customer engagement & Chatbot platform), b + m Informatik (financial services), Sofon (configure-price-quote software), Sharewire (mobile services) and ChainPoint (sustainable supply chain tracking). Successful former companies that have grown substantially under the guidance of Main are: Connexys (HR software), Roxit (municipal software), Axxerion (facility management software), Ymor (APM software), OnGuard (credit management), Denit (managed hosting provider), iaso (backups), visionwaves (corporate performance management), The Patient Safety Company (healthcare risk & compliance), Regas (healthcare registration), ABIT (cash management), Actuera (pension fund software), Zetacom (VoIP) and RVC (Healthcare).

(source)