Main Capital has acquired a majority stake in Denit Hosting Solutions, a Dutch managed hosting provider. No financial terms were disclosed.
The Hague, February 9th 2016
Main Capital has acquired a majority stake in managed hosting provider Denit Hosting Solutions. Main Capital will support Denit actively in expanding its market with a focus on IT and software companies. We will strive for autonomous growth and selective add-on acquisitions.
Since 1999, Denit has built a leading position in the managed hosting industry. By constantly focusing on innovative products and services, such as Virtual Datacenter, Denit has built a strong customer base. Denit’s strength lies mainly in the high level of specialized technical knowledge, customer focus and excellent quality of service. The services provided by Denit are characterized by high performance and availability with the highest possible security standards.
Edwin Cornelissens (co-founder and Managing Director of Denit): “Main Capital has acquired a portion of the shares of Dennis Bruin (founder) and myself. The collaboration with Main provides us with a solid financial and commercial base to realize our ambitions. We know the people behind Main for more than four years and there is plenty of mutual appreciation. Together with them, we have great confidence in the healthy growth of our business.”
Cooperation Denit – Main Capital
Denit and Main Capital see many opportunities to jointly expand the existing business. Due to the large network of Main Capital in the software industry, we will continue to focus on a specialized hosting proposition for IT and SaaS/software companies. We will focus on innovation, expansion and excellent dialogue with the customer in order to operate these businesses optimally. In addition, Main Capital can add value to the acquisition strategy of Denit. There will be an explicit focus on add-on acquisitions.
Pieter van Bodegraven (Partner at Main Capital): “Main Capital continuously deals with hosting issues within the software companies in which we invest. Due to the increasing shift to SaaS, this demand will increase in the coming years. With innovative services like Amazon Cloud Integration on the roadmap, Denit knows how to bind increasingly large clients successfully. By using our network, we can contribute to its growth. We have great confidence in the management of Denit who we will support as much as possible in the development of the company.”
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. In December 2015, Main announced the acquisition of fintech company b + m Holding in Hamburg, 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. Recently, Main Capital sold its majority stake in VisionWaves to the Swedish listed IFS AB. Last 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.
About Denit Hosting Solutions
Denit is a hosting company from Amsterdam, founded in 1999. Denit specializes in custom hosting solutions for complex, mission-critical applications ranging from Managed Hosting to a complete Cloud Computing and Infrastructure-as-a-Service (IaaS) portfolio. With over 35 talented employees, Denit serves a large number of SME’s and large corporate customers in many sectors. Denit makes the translation between the technical possibilities and their use in highly reliable, scalable and secure solutions.
Denit manages and operates its own network and cloud infrastructure, and is among the top three providers in the Netherlands in terms of uptime (source: http://webhostingtalk.nl/uptime.php). All hosting solutions are 100% Dutch. The services of Denit are ISO9001 and ISO27001 certified. Denit is an active member of the DHPA (Dutch Hosting Provider Association) and they are Enterprise Service Provider Partner of VMware.
For more information, go to: www.denit.nl.