Main Capital buys b+m

Main Capital has acquired Germany-based b+m Informatik AG, a maker of software for banks and insurance companies. No financial terms were dislosed. The seller was Allgeier SE.


Main Capital has acquired b+m Informatik AG (b+m), that develops innovative software for banks and insurance companies and serves the German financial sector as a full-service provider. By taking over b+m from the publicly listed Allgeier SE, Main Capital has positioned itself in the Fintech segment in Germany. As an investor in established software companies, Main Capital will support b+m in extending profitable growth and further development of the banking and insurance software suite. Also in the field of acquisitions, Main Capital will support b+m with knowledge, experience and new capital. Earlier this month Main Capital acquired the German software company Daarwin via Saas healthcare company Regas.

b+m and Main Capital see opportunities to extend the business together the coming years, and focus on continuous development of a distinctive product offering. Main Capital will use its expertise to contribute to further optimization of the business model of b+m and will support b+m in its partnership strategy enabling the company to grow in a scalable manner. Furthermore, it has put additional capital aside to support b+m’s autonomous growth with an active buy-and-build strategy facilitating further growth at existing and new customers with a strong product offering.

Charly Zwemstra, Managing Partner Main Capital: “With the acquisition of b+m, we have obtained a good position in the German fintech sector. We believe that through our network and knowledge of the software sector, we can support b+m in their growth-path in the DACH region, also through further acquisitions.”

Frank Mielke, CEO b+m Informatik: “We are happy with the acquisition of b+m by Main Capital. The last few years Allgeier has supported us very well. However, with the new growth-phase we are entering as a company, this change makes sense. During the process we have become convinced that Main Capital is a stable partner that can help us achieve our goals. As ever, our main focus remains the satisfaction of our customers.’

About b+m
b+m was founded in 1994 and serves its customers from its headquarters near Kiel (Hamburg), which currently has nearly 90 employees. b+m focuses on both banks and insurers. With its product FGCenter b+m is the market leader in Germany and supports banks in the entire application process for promotional loans. Customers include the large savings-banks, commercial banks and insurance companies in Germany. Insurers are served with a range of products including the front-end AGS Portal, which offers them the opportunity to sell their product through various channels. The combination of specialist sector knowledge and software expertise makes b+m an excellent partner for German banks and insurers to make their mark in the digitalisation of the financial sector.

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 recently established its fourth fund of EUR 85 million, which leads to approximately EUR 200 million under management. An experienced team of professionals manages the Private Equity Funds.

In the current portfolio of Main Capital are rapidly growing (SaaS) software companies like Ymor, Roxit, OnGuard, Sharewire, SecondFloor, EuroSystems, Sofon Connexys, Regas, ChainPoint, RVC and TPSC. Recently, Main Capital sold its majority stake in VisionWaves to the Swedish listed IFS AB. Earlier this year 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.

For more information, please contact