Main Capital has acquired a majority interest in Roxit, a leading Dutch software company that provides solutions in the areas of licensing, supervision and enforcement and planning. Main Capital invests in profitable, well-established product software companies in the Benelux and Germany. In terms of size, this is the biggest deal in the history of Main Capital Partners. Post-closing a management participation will be considered.
About Roxit Roxit, founded in 2007, is a software company operating in the Netherlands with offices in Zwolle, Arnhem and Zoetermeer. It currently employs over 90 employees. Around 380 customers are served ranging from municipalities, regional agencies, water boards and provincial governments to companies. Examples include the municipalities of Utrecht, Haarlem, Tilburg and Maastricht, Environmental Department Haaglanden and the province of Overijssel. By using Roxit’s software, these customers have complete control over the process of licensing, inspection and enforcement.
Customers who use the software, work more efficiently which results in a better services towards their customers, citizens and businesses. Besides the above mentioned solutions, Roxit also ensures that in the field of area planning all the complexity can be overseen by both governments and businesses so that they can work together more effectively. With the system and the various combinations of other Roxit products, all sorts of processes are embedded and the customers are care-free in their work. Characteristic of Roxit is that they actually have knowledge of the field for which they supplies software.
Rob Steneker and Rob van Tiel will continue to lead Roxit: “With Roxit, the past five years we created a strong position in the public sector, particularly in municipalties, and we are proud of what we have achieved. With Main Capital as the new owner, we can further expand our position and we can grow. This is good for our customers and our employees, and therefore we are very pleased with this step!”
Cooperation Roxit – Main Capital Roxit is a good addition to the portfolio of Main Capital which strives for healthy growth of enterprises. With the expertise of Main Capital, Roxit continues to develop and expand its product. Next to that, focus will lay on new ways of information exchange, cooperation between stakeholders and anticipate on future regulations to make the customer service even better. Main Capital has also reserved capital to assist the autonomous development with an active buy-and-build strategy to be able to grow further with existing and new customers with a stronger product. The past has shown that this is a very scalable way of growth. Charly Zwemstra (Managing Partner Main Capital): “With Roxit we want to build on creating a leading software player in the municipality market and adjacent markets. The company has an excellent management team.”
About Main Capital 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. With an experienced team of professionals Main Capital currently manages private equity funds with over EUR 150 million in assets. In the current portfolio of Main Capital are rapidly growing (SaaS) software companies like Sharewire, VisionWaves, SecondFloor, EuroSystems, Sofon Connexys, Regas, ChainPoint, RVC, TPSC and OnGuard. Very recently Zetacom was sold to Gilde Healthcare and in 2013 Main achieved a successful exit of cloud storage company IASO the US cloud provider GFI Software. In 2012 Main Capital already sold Tedopres to the listed Finnish player Etteplan and Actuera was sold to Waterland Private Equity.
For more information, please contact:
Charly Zwemstra (Managing Partner)
Main Capital Partners BV, Paleisstraat 6, 2514 JA, Den Haag
Tel: +31 (0) 70 324 3433 / +31 (0) 6 215 77 805
For more information about Roxit, please contact:
Rob Steneker (CEO)
+ 31 88 2173204 / +31 6-52201856