Main Capital Partners (‘Main’) is delighted to announce the signing of the acquisition of a majority stake in Unik System Design (‘Unik’), a leading software vendor with deep industry and domain knowledge within housing- & property management and legal administration. Main will act as a strategic partner to the management team, supporting Unik in its ongoing journey towards becoming a leading pureplay Software-as-a-Service provider (‘SaaS’), underpinned by an international buy & build strategy.

Founded in 1985, Unik is an innovative Danish industry-specific software vendor with +240 employees and consultants in Vejle, Aalborg, Copenhagen and Warsaw. With close to four decades of experience, the company has positioned itself with the market’s most used software solutions, servicing more than 900 clients ranging from large scale private and public housing associations to law offices and legal corporate departments throughout Denmark.

Unik is in the state of re-inventing itself, not only to be able to provide a higher degree of efficiency, automation and digitalization to its daily users, but also to push the limits for what happens when digital innovation meets deep industry knowledge. Over the next couple of years, the two new SaaS products, HabiCen for housing- & property management, and JustiCase for legal administration, will gradually replace the current products, Unik Bolig og Unik Advosys.

Looking ahead, Main Capital Partners will actively support Unik in maintaining the strong growth momentum by further broadening the product offering to its existing customers. In addition to organic growth initiatives, strategic add-on acquisitions will be an important pillar of the strategy to complement the innovative product portfolio as well as to strengthen the market position, both in Denmark and abroad.

Jens Find, CEO of Unik System Design, comments: “We were not in the market for a partner, but in our dialogue with Main we realized the potential this partnership could bring to the table. After 38 years as CEO and main owner, it is my clear impression that it is the right decision for Unik, our customers and our employees. We will continue with the current management and the current owners will retain a significant ownership of 40%. For us it is more of a partnership than a sale.”

Tonni Rasmussen, CTO of Unik System Design, comments: “Our customers rely on our ability to innovate and leverage our industry expertise to establish the benchmark for how software can automate their business operations. Developing two cutting-edge SaaS-products, HabiCen and JustiCase, is part of the next big innovation of Unik, with focus on enhanced security and operational efficiency. I am convinced our strategic partnership with Main will further accelerate this transition, enabling us to expedite the delivery of the next generation Enterprise software solutions.”

Wessel Ploegmakers, Partner at Main Capital Partners, concludes: “Unik has been on our radar for a long time as one of the leading Danish software vendors, and we are pleased to be given the opportunity to support the company going forward in its journey to become an international leading SaaS-provider. We are confident that our focused organic growth initiatives coupled with a selective buy-and-build strategy will result in an improved value proposition towards existing and new customers.”

Zig and Cegeka Real Estate Solutions (“CRES”), both leading software providers in the Dutch real estate sector, are joining forces and will continue under the name Zig. By doing so, the unified company becomes a unique player, offering its clients a wide variety of software solutions. After the acquisition of CRES, Zig will have over 225 customers and 300 employees. Anton Vreugdenhil will lead the new organization as CEO together with Gerbert Kooij as CCO. This strategic combination is backed by Main Capital Partners (“Main”).

Customer value is at the core

Gerbert Kooij, CEO of Zig, comments:  “Housing corporations and commercial property managers regularly experience limitations in their software environment that hinder process innovation, result in high costs and prevent optimal service delivery to tenants. Therefore, Zig and CRES have joined forces and decided to help customers solve their challenges by bringing the full product offering under one roof and jointly developing it. “By merging, both companies can achieve a better integrated product offering for customers. This enables them to achieve their organizational goals faster, such as strengthening tenant relationships, organizing business processes more efficiently and more data-driven,”

Complementary and innovative

Anton Vreugdenhil, CEO of CRES, adds: “and CRES provides complementary solutions to the real estate industry. Zig is the market leader in customer software (CRM) and CRES in enterprise software (ERP). In addition, both parties provide data analysis and information assurance (BI) solutions. The combination results in a company that can support its customers in all core processes around supply, leasing, acquisition and development, maintenance and sale of real estate. “By combining our solutions, knowledge and scale, we can accelerate and sustain innovation. The real estate industry is all about the synergy between tenants, property and finance. The best solutions combined with seamless product integration make working with our software easier and improve tenant services,”

Growth ambition

Pieter van Bodegraven, Senior Partner at Main concludes: “The broader PropTech market is a key focus area at Main. The partnership between Zig and CRES unites two leading players. The acquisition marks the third strategic acquisition since we partnered with Zig in late 2021. The move strengthens the foundation of the company; therefore, we look with great confidence towards the future to further fulfill our growth ambitions in the PropTech sector.”

Main Capital Partners is pleased to announce the successful signing of a sale of Assessio to Pollen Street Capital. Over the last four years, Assessio has evolved from a local player active mainly within recruitment to a leading Northern European talent assessment player with an offering across both the pre- and post-hire space. Under the new stewardship of Pollen Street, Assessio is now well-positioned to push the boundaries of its success and expand its reach into new and exciting markets.

Main Capital Partners made its strategic investment in Assessio in 2019, recognizing its potential to become a leading talent assessment software provider. Over the course of Main’s investment period, Assessio transformed from consultancy driven business to a highly scalable SaaS-operation with a cutting-edge platform that covers both the pre- and post-hire space of recruitment. During this period, Assessio’s revenues more than doubled, solidifying its position as a market leader in the Nordic and Benelux region.

Main played a pivotal role in supporting Assessio’s growth trajectory, including strategic acquisitions that enhanced the company’s product portfolio and market presence. Main backed Assessio’s acquisition of Dutch HFMTalentindex. Additionally, Assessio further strengthened its footprint across unpenetrated Nordic markets as well as establishing a leading position in the Benelux with the acquisitions of Dutch Eelloo and Danish People Test Systems. Today, Assessio is the leading talent assessment player in both the Nordics and Benelux, servicing >1.800 clients across a wide range of industries.

The sale of Assessio to Pollen Street marks another significant achievement for Main Capital Partners. Pollen Street, as the acquiring party, recognizes the exceptional value and expertise that Assessio brings to the talent assessment market. The transaction will bring together Assessio’s innovative solutions and the means as well as support needed to expand its reach and to continue its growth journey in becoming a global leader in the industry.

Johan Masironi, CEO of Assessio, comments: ‘’Together with Main Capital, we transitioned into a scalable SaaS operation, doubling our revenues, and establishing ourselves as a leader in the Nordic and Benelux regions. We’re excited about the next chapter as we partner with Pollen Street. Their experience in scaling software businesses aligns perfectly with our goal of international expansion and tech platform enhancement. This partnership will accelerate growth, broaden our offerings, and strengthen our position as a top talent assessment partner in Europe.”

Anastasia Kovaleva, Investment Director at Pollen Street, said: “Assessio has developed an exciting and highly differentiated proposition which makes it uniquely positioned in the HCM software market. Pollen Street is proud of its track record of supporting high growth software businesses. Our investment and value creation strategy will build on Assessio’s reputation as the Nordic’s leading talent assessment software platform to build a leading pan-European talent management player in an exciting and growing market solving current challenges such as talent shortages and supporting diversity and inclusion. Assessio is led by a dynamic and highly regarded team, we are impressed by what they have achieved to date, and we look forward to working with Johan, Evelien, Peter and Staffan in the next stage of growth for the business.”

Wessel Ploegmakers, Partner at Main Capital Partners, concludes: “Since our partnership in 2019, we have seen significant growth, claiming market leading positions in the Benelux and Nordics regions as well almost tripling in size and profitability. Through organic growth and a selective buy-and-build strategy, the HR-software provider for talent assessment has emerged as a prominent player in Northern Europe. We are proud to have supported Assessio on this growth journey.”

Pointsharp, backed by Main Capital Partners, today announces its third add-on acquisition of identity and role management specialist SIVIS, based in Germany and Denmark. Through this strategic merger, Sweden-based Pointsharp continuous its impressive growth journey as it bids to become the leading provider of European-made cybersecurity products, thus strengthening European data sovereignty.

Main first invested in Pointsharp in 2020 to support the company in its next phase of growth, with a keen focus on international expansion throughout Northwestern Europe.  In 2021, Swedish company Secmaker was added to the Pointsharp portfolio, which created a leading Nordic player within user authentication and access management. Further, in 2022, the acquisition of Cryptshare further strengthened Pointsharp’s position as a leading security software player in the European market, with complementary solutions for secure digital communication. Now, with the addition of SIVIS’ strong offering within Identity and role management, the Group is well equipped to compete with global competitors.

Developing a leading European IT security player

Pointsharp, founded in 2006, has grown from 10 FTEs in 2020 to an combined organization of +200 FTEs with local offices in Sweden, Germany, Denmark, Netherlands, Switzerland and Finland with pro-forma revenues in the region of EUR 28 million in 2022. Together the group services +2000 clients such as Akademiska Sjukhuset Uppsala, Atea, Friesland Campina, Webasto, ThyssenKrupp, Audi, Försäkringskassan, Region Blekinge, SICK, Karolinska Institutet, Deutsche Rentenversicherung Bund and Nottingham County Council.

The acquisition of SIVIS comes at a time where there is an increasing demand for one-stop-shop software that can support user’s digital life journey, with login & access management, secure communication, on-, off- and cross boarding, role management, maintaining user processes and compliance across organizations.

Niklas Brask, Managing Director at Pointsharp Group, commented: “Pointsharp is on a rapid and exciting journey to build a leading European IT security player. We offer a complete suite of security software solutions to help companies build a better, modern and more secure workplace. By partnering with SIVIS, we are extending our portfolio with a strong Identity Management for SAP and Microsoft environments as well as role management, compliance checks and pioneering AI products in enterprise security.”

Boris Grothues and Philipp Latini, co-CEO’s at SIVIS, added: “We are very proud of the success of SIVIS. Our expertise has positioned us as leaders in our field. The merger with Pointsharp, known for strong and secure authentication in complex enterprise landscapes and encryption solutions, is an exciting development. This strategic move will enable us to offer our customers enhanced security throughout the entire identity lifecycle. Furthermore, we anticipate this merger to unlock even greater potential and opportunities for growth. We look forward to this promising next step in our journey.”

Wessel Ploegmakers, Partner and co-Head of the Nordics office at Main, concluded: “This strategic combination with SIVIS symbolises another important step in Pointsharp’s growth journey as it seeks to become the leading European security player while also competing with the larger US vendors. Furthermore, the acquisition of SIVIS enables Pointsharp to solidify its presence in the strategically important growth market Germany. We are delighted with the improved international outlook for the group as it also simultaneously adds strong and complementary solutions to the already impressive service offering.”