Main Capital buys and combines four DACH enterprise software companies to create new Enventa company

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European private equity firm Main Capital Partners has bought four enterprise software companies to merge them into a new company called Enventa.

The company took over enterprise resource planning firms Nissen & Velten and Texdata, business intelligence firm Aruba and financial solutions provider Litreca.

Enventa will have a strong footprint in the DACH region, serving the German SME and enterprise market, Main said.

Enventa’s combined revenues in 2022 are expected to reach approximately 25 million euros, with Main predicting that they will further increase at a double-digit growth rate.

Enventa’s customers through the four operating companies include Lufthansa, Leica Camera and KYOCERA Fineceramics Precision.

Sven van Berge, Head of DACH Business at Main Capital, said, “The ERP market offers significant growth opportunities for the DACH region.

“These acquisitions give Main a strong team of holistic software providers to better serve the German SME market.

“We will capitalize on our extensive existing experience in the ERP software industry and implement it to pursue growth and develop these exciting business synergies to drive Enventa forward.

“We will seek to achieve sustainable growth through strong business models and initiatives such as continued buy-and-build execution in the fragmented ERP market as well as diversification through cross-selling.

“The focus will also be on cloud readiness and technology stack operations, which will result in a strong modernization.”

Main has been investing for nearly 20 years in software companies in the Benelux, DACH and Nordic regions.

The company closed its most recent fund, Main Capital VII, at its €1 billion cap last October.

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