The Hague \u2014 Main Capi\u00adtal Part\u00adners (\u201cMain\u201d), a Euro\u00adpean inves\u00adtor specia\u00adli\u00adzing in enter\u00adprise soft\u00adware, announ\u00adces the successful closing of its two latest buyout funds, Main Capi\u00adtal VIII and Main Foun\u00adda\u00adtion II, which have reached a total volume of EUR 2.44 billion in capi\u00adtal commit\u00adments. With Main Capi\u00adtal VIII and Main Foun\u00adda\u00adtion II, which have roughly doubled in size compared to the previous funds, Main\u2019s total assets under manage\u00adment have risen to around EUR 6 billion.<\/p>\n
As with previous fund\u00adrai\u00adsings, Main recor\u00added strong parti\u00adci\u00adpa\u00adtion from its exis\u00adting inves\u00adtor base. Inves\u00adtors\u2019 contin\u00adued confi\u00addence in Main is demons\u00adtra\u00adted by a remar\u00adkable re-up rate of 115%. In addi\u00adtion to rene\u00adwed invest\u00adments from exis\u00adting inves\u00adtors, Main also recei\u00adved commit\u00adments from new inves\u00adtors tota\u00adling around \u20ac1 billion, inclu\u00adding seve\u00adral renow\u00adned insti\u00adtu\u00adtio\u00adnal inves\u00adtors such as APG (on behalf of its client ABP), Tecta Invest and Texas County and District Reti\u00adre\u00adment System. Alre\u00adady active inves\u00adtors such as Hamil\u00adton Lane have signi\u00adfi\u00adcantly increased their capi\u00adtal commitment.<\/p>\n
Fund\u00adrai\u00adsing for Main Capi\u00adtal VIII and Main Foun\u00adda\u00adtion II began in Octo\u00adber 2023 with a target volume of EUR 1.6 billion and EUR 400 million respec\u00adtively. The dual fund\u00adrai\u00adsing saw considera\u00adble demand from both exis\u00adting and new inves\u00adtors world\u00adwide, and Main was able to successfully complete the two fund\u00adrai\u00adsings, with their respec\u00adtive hard caps of EUR 1.9 billion and EUR 500 million, within just under six months. The short period of time within which both funds were reali\u00adzed in an over\u00adall diffi\u00adcult finan\u00adcing situa\u00adtion and the high level of inves\u00adtor inte\u00adrest, which signi\u00adfi\u00adcantly excee\u00added the funds\u2019 hard caps, confirm Main\u2019s contin\u00adued strong invest\u00adment perfor\u00admance and its highly specia\u00adli\u00adzed focus on invest\u00adments in enter\u00adprise software.<\/p>\n
Main is a specia\u00adli\u00adzed buyout inves\u00adtor in the enter\u00adprise soft\u00adware sector, with a 20-year track record and broad market coverage in the mid-market, inves\u00adt\u00ading between EUR 5 and 150 million in profi\u00adta\u00adble small to mid-sized soft\u00adware compa\u00adnies. Main\u2019s port\u00adfo\u00adlio compa\u00adnies are supported by its in-house Market Intel\u00adli\u00adgence and Perfor\u00admance Excel\u00adlence team, which provi\u00addes access to proprie\u00adtary data and rese\u00adarch as well as best prac\u00adti\u00adces in the areas of go-to-market stra\u00adte\u00adgies, tech\u00adno\u00adlogy, finance and M&A. Thanks to a team of more than 70 experts in the core markets Bene\u00adlux, DACH, the Nordic count\u00adries and the USA, its local presence and the orga\u00adniza\u00adtion of topic-speci\u00adfic events, Main is closely connec\u00adted with the local<\/p>\n
soft\u00adware ecosys\u00adtems, allo\u00adwing exclu\u00adsive rela\u00adti\u00adonships to be estab\u00adlished with soft\u00adware foun\u00adders and entre\u00adpre\u00adneurs. Over the last few years, Main has become one of the most active inves\u00adtors in Europe. In 2023, Main reali\u00adzed well over 40 tran\u00adsac\u00adtions, inclu\u00adding 12 invest\u00adments in new plat\u00adform invest\u00adments, 26 add-ons and 6 disposals.<\/p>\n
Throug\u00adhout the company\u2019s history, Main has reali\u00adzed almost 30 exits with a weigh\u00adted average return of more than four times and a loss rate of well below 0.5%.<\/strong> Charly Zwem\u00ads\u00adtra, Foun\u00adder and Chief Invest\u00adment Offi\u00adcer at Main <\/strong>(photo \u00a9 Main Capi\u00adtal), said: \u201cMain was one of the early play\u00aders in the Euro\u00adpean soft\u00adware space, focu\u00adsing on buyouts of profi\u00adta\u00adble and robust enter\u00adprise soft\u00adware compa\u00adnies to build larger inter\u00adna\u00adtio\u00adnal soft\u00adware groups. We are very proud of our 20-year track record and the contin\u00adued support and trust placed in us by a very insti\u00adtu\u00adtio\u00adnal and global LP base. The successful comple\u00adtion of Main Capi\u00adtal VIII and Main Foun\u00adda\u00adtion II conso\u00adli\u00adda\u00adtes our posi\u00adtion as Euro\u00adpean market leader for soft\u00adware buyouts. With the help of the new funds, we conti\u00adnue to play a key role in conso\u00adli\u00adda\u00adting the frag\u00admen\u00adted soft\u00adware market, within which we are buil\u00adding inter\u00adna\u00adtio\u00adnally leading Euro\u00adpean and trans\u00adat\u00adlan\u00adtic soft\u00adware companies.\u201d<\/p>\n Jorn de Ruij\u00adter, Head of Inves\u00adtor Rela\u00adti\u00adons and Invest\u00adment Direc\u00adtor at Main, said: \u201cClosing two funds well above the origi\u00adnal target and almost doubling the size of the previous funds in just six months under\u00adlines Main\u2019s excep\u00adtio\u00adnal track record and close rela\u00adti\u00adonship with our LP base. We are grateful for the strong and contin\u00adued support from exis\u00adting and new LPs. Main\u2019s proven approach to buil\u00adding larger, more resi\u00adli\u00adent soft\u00adware groups has enab\u00adled us to deli\u00adver consis\u00adtent top quar\u00adtile returns for our LPs and we will conti\u00adnue to do so for these two new funds as well as for future funds.\u201d<\/p>\n Main did not use a place\u00adment agent for the fund\u00adrai\u00adsing, Loyens & Loeff<\/strong> acted as legal advisor.<\/p>\n About Main Capi\u00adtal Partners<\/strong><\/p>\n Main Capi\u00adtal Part\u00adners is a leading soft\u00adware inves\u00adtor in the DACH region, the Bene\u00adlux count\u00adries, the Nordic count\u00adries and the United States with assets under manage\u00adment of around EUR 6 billion. Main has more than 20 years of expe\u00adri\u00adence in streng\u00adthening soft\u00adware compa\u00adnies and works closely with the manage\u00adment teams in its port\u00adfo\u00adlio as a stra\u00adte\u00adgic part\u00adner to create profi\u00adta\u00adble growth and larger, successful soft\u00adware groups. As a leading soft\u00adware inves\u00adtor mana\u00adging private equity funds in Northwest Europe and North America, Main employs 70 people in its offices in The Hague, D\u00fcssel\u00addorf, Stock\u00adholm, Antwerp and a branch office in Boston. Main mana\u00adges an active port\u00adfo\u00adlio of over 45 soft\u00adware groups. This port\u00adfo\u00adlio employs a total of more than 12,000 people. Through the Main Social Insti\u00adtute, Main supports students with grants and scho\u00adlar\u00adships to study IT and compu\u00adter science at tech\u00adni\u00adcal univer\u00adsi\u00adties and univer\u00adsi\u00adties of applied scien\u00adces. www.main.nl<\/p>\n <\/p>\n","protected":false},"excerpt":{"rendered":" The Hague \u2014 Main Capi\u00adtal Part\u00adners (\u201cMain\u201d), a Euro\u00adpean inves\u00adtor specia\u00adli\u00adzing in enter\u00adprise soft\u00adware, announ\u00adces the successful closing of its two latest buyout funds, Main Capi\u00adtal VIII and Main Foun\u00adda\u00adtion II, which have reached a total volume of EUR 2.44 billion in capi\u00adtal commit\u00adments. With Main Capi\u00adtal VIII and Main Foun\u00adda\u00adtion II, which have roughly [\u2026]<\/p>\n","protected":false},"author":2,"featured_media":51152,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"wp_typography_post_enhancements_disabled":false,"footnotes":""},"categories":[886,1364,1366,1367,1369],"tags":[],"class_list":["post-51155","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general-en","category-featured-en","category-news-en","category-lawyers-tax-advisors-auditors-en","category-investors"],"yoast_head":"\n
\nMain\u2019s acti\u00advi\u00adties focus on the deve\u00adlo\u00adp\u00adment of larger, scalable and inter\u00adna\u00adtio\u00adnally profi\u00adta\u00adble soft\u00adware groups within speci\u00adfic product markets, which are expan\u00added both through orga\u00adnic growth and acqui\u00adsi\u00adti\u00adons. Main opera\u00adtes across borders in around 10 product markets, inclu\u00adding health\u00adtech, govtech, HRtech and cyber\u00adse\u00adcu\u00adrity. Signi\u00adfi\u00adcant invest\u00adments in the area of cyber\u00adse\u00adcu\u00adrity include Point\u00ads\u00adharp (SE), Oribi (NL) and Inverid (NL). In HRtech, Main is inves\u00adt\u00ading in BCS (NL), Text\u00adker\u00adnel (NL) and Perbi\u00adlity (DE). Main\u2019s acti\u00advi\u00adties in the health\u00adtech sector include compa\u00adnies such as Enova\u00adtion (NL) and SDB Groep (NL), LuxSci (USA), Alfa eCare (SE), Buch\u00adner (DE), UHB (DE) and Oiva Health (FI). An exam\u00adple of a major govtech invest\u00adment is xxllnc (NL), a large SaaS govtech group with over 300 employees that provi\u00addes produc\u00adti\u00advity tools for local muni\u00adci\u00adpa\u00adli\u00adties and soft\u00adware for tax and social affairs.<\/p>\n