Main Capital has acquired a majority stake in Axxerion. Financial terms weren’t announced. Axxerion, of the Netherlands, provides SaaS solutions for facility management, real estate and general business automation software.
Main Capital has acquired a majority stake in SaaS-based software company Axxerion. The company delivers industry leading software solutions mainly focussed on facility management, real estate management, and general business automation (ERP).
With over 300 customers and more than 150,000 registered end-users, Axxerion is a fast growing company and IT market leader in the Facility Management and Real Estate software segment around the globe. Customers include CBRE Global Investors, KPMG, Rabobank, Facilicom, and Liberty Global. Axxerion’s products are used to optimize and automate functional areas such as facility management, property & maintenance management and contract management.
Main Capital will actively support Axxerion in expanding its international business growth. The company already has a partner network in place in the USA, Germany and Poland. Expanding the partner channel will be an important part of the growth strategy in coming period. Moreover, focus will be on strengthening the organization as well on delivering innovative solutions to the market and selective acquisitions.
Axxerion’s software is built as a scalable true multi-tenant SaaS platform, with all required security and certifications in place. The software offers an extensive range of functionalities, which is used in multiple sectors. Next to that, Axxerion has a flexible pricing model (pay-for-use) and clients can easily add and remove modules, which makes the software multi-suitable for both small and large organizations.
Cooperation Axxerion – Main Capital
Hans Verschuren (CCO Axxerion): “Axxerion has built a strong position within the FMIS market (Facility Management Information System) in the last 5 years. We are excited about the cooperation with Main Capital and look forward to work together on the future growth and internationalization of our company.”
Pieter van Bodegraven (Partner at Main Capital):
“Axxerion provides a very strong and competitive multi-tenant SaaS product in the market. We see great growth opportunities for Axxerion. For most companies, expenses for housing and facility management, are the 2nd largest area of expense only after personnel. By using smart software tools like Axxerion, these costs can be strongly reduced and the processes can be further optimized.“
Axxerion, founded in 2003, is a Dutch supplier of complete SaaS solutions for IWMS, Real Estate and general business automation software, with offices in Heteren and Eindhoven. Axxerion was the first Dutch supplier of complete SaaS solutions in, among other, a IWMS form.
Axxerion’s solutions are developed specifically for the areas of Facility & IT Management, Property Management and Corporate Software. Clients can easily adapt Axxerion’s cloud-based software to their business processes, and only pay for what they actually use. Axxerion is used intensively, every day, by hundreds of organizations, such as corporate service providers, government agencies, hospitals and housing cooperatives. Axxerion has a strong and growing client base and is expanding internationally by opening sales offices worldwide. Because Axxerion operates a pay-per-use structure, the software is suitable for both small organizations and large businesses.
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, it is the most specialized company in management buyouts and later-stage growth capital. Main Capital has approximately € 150 million under management for investment in mature but growing software companies in the Netherlands and Germany. An experienced team of professionals manages the Private Equity Funds.
In the current portfolio of Main Capital are rapidly growing (SaaS) software companies like b+m Informatik, Ymor, Roxit, OnGuard, Sharewire, SecondFloor, 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.