Tag Archives: Software

Ardian strengthens its commitment to Dedalus, driving the next phase of growth with a new investment and the appointment of a new Group CEO

Ardian

Ardian agreed to increase its stake in Dedalus to 92%, with founder Giorgio Moretti retaining a 6% stake in the Company and remaining board member.
• Alberto Calcagno appointed Group CEO and Andrea Fiumicelli made Chairman.

A consortium led by Ardian, a world leading private investment house, has agreed to acquire an additional 19% stake in Dedalus, a leading European player in the healthcare software industry, from founder Giorgio Moretti. Subject to customary authorizations by the competent authorities, upon completion of the transaction, the consortium led by Ardian will indirectly hold a 92% stake in the Company, with Moretti retaining a 6% stake and a seat in the board.

The agreement aims to support Dedalus through a new phase of expansion.

As part of this growth plan, Alberto Calcagno, former CEO of Italian ICT company Fastweb, which has seen significant constant growth over the past 10 years, has been appointed as new CEO, effective from October 18.

Andrea Fiumicelli, who has managed Dedalus over the last few years and contributed significantly to the company’s further development through several strategic M&A deals, has been appointed Chairman.

“Ardian is fully committed to supporting Dedalus throughout its next period of growth, in which it aims to serve its clients and deliver its mission of improving healthcare for over 500 million patients globally. Ardian and I want to thank Giorgio Moretti for his vision and execution since our initial investment”. Marco Bellino, Managing Director Buyout, Ardian

“After a long journey that began in Florence 40 years ago, the time has come for Dedalus to expand. This agreement will help the company to further invest in innovation, in line with our mission. Alberto Calcagno will bring strong skills and new energy to the Group’s operations and future strategic development. I will remain a shareholder in Dedalus, together with my longtime partner Three Hills, fully supporting the new CEO and the company’s project”. Giorgio Moretti, Founder, Dedalus

“I am very happy to join Dedalus to drive its ambitious growth plans. Today, the healthcare software industry is privileged to have the responsibility of leading on critical digital transformation to improve the well-being of millions of patients. Dedalus’ mission is to accelerate and deliver this change as soon as possible”. Alberto Calcagno, new CEO, Dedalus

“In the last four years we have successfully re-designed our software portfolio and established sales and delivery operations in 25 countries. This new governance structure strengthens our commitment to our mission and future clients. We aim to deliver faster innovation and high-quality services, be the best employer in the sector and serve our shareholders’ ambitions”. Andrea Fiumicelli, new Chairman, Dedalus

Ardian has invested in Dedalus in several stages since 2016, supporting a strong M&A strategy which has seen the Company become a pan-European leader in its sector.

ABOUT DEDALUS

Founded in 1982 in Florence by Giorgio Moretti, Dedalus Group is the leading healthcare and diagnostic software provider in Europe, supporting globally the digital transformation of 6700 Healthcare Organisations and 5700 Labs and Diagnostic centres worldwide, processing its solutions for more than 540 millions of population worldwide. Dedalus offer supports the whole continuum of care, offering open standards-based solutions serving each actor of the Healthcare Ecosystem to provide better care in a healthier planet. Life Flows through our software.

dedalus.com

ABOUT ARDIAN

Ardian is a world-leading private investment house, managing or advising $156bn of assets on behalf of more than 1,470 clients globally. Our broad expertise, spanning Private Equity, Real Assets and Credit, enables us to offer a wide range of investment opportunities and respond flexibly to our clients’ differing needs. Through Ardian Customized Solutions we create bespoke portfolios that allow institutional clients to specify the precise mix of assets they require and to gain access to funds managed by leading third-party sponsors. Private Wealth Solutions offers dedicated services and access solutions for private banks, family offices and private institutional investors worldwide. Ardian’s main shareholding group is its employees and we place great emphasis on developing its people and fostering a collaborative culture based on collective intelligence. Our 1,050+ employees, spread across 16 offices in Europe, the Americas, Asia and Middle East are strongly committed to the principles of Responsible Investment and are determined to make finance a force for good in society. Our goal is to deliver excellent investment performance combined with high ethical standards and social responsibility.
At Ardian we invest all of ourselves in building companies that last.

ardian.com

PRESS CONTACT

ARDIAN

HEADLAND

ardian@headlandconsultancy.com

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Gatekeeper Announces Strategic Growth Investment from Vista Equity Partners

Vista Equity

Gatekeeper Accepts First External Capital to Take Advantage of Growing Demand for Unified Vendor, Contract and Third-Party Risk Management Platform Capabilities

LONDON, United Kingdom , Oct. 17, 2023 /PRNewswire-PRWeb/ — Gatekeeper, the leading Vendor & Contract Lifecycle Management (VCLM) platform, today announced a strategic growth investment from Vista Equity Partners (“Vista”), a leading global investment firm focused exclusively on enterprise software, data and technology-enabled businesses. The investment, the Company’s first external capital since inception, will accelerate platform innovation and go-to-market functions to expand its global footprint and capitalise on the growing demand for unified Vendor Management, Contract Management and Third-Party Risk Management solutions.

“Our vision is rooted in the convergence of vendor, contract and third-party risk management,” said Patrick O’Connor, CEO and Founder of Gatekeeper. “Companies are increasingly looking to manage these disciplines in one place, and we’re strongly positioned to capitalise on the opportunity with our long-term focus on unified platform capabilities. With Vista, we have a partner that shares our vision and provides the resources and expertise to define the future of VCLM.”

As regulatory-conscious organisations scale and diversify vendor portfolios, procurement teams face increased risk in managing the complexities of contractual relationships. Gatekeeper streamlines this process by consolidating historically disparate vendor, contract and third-party risk management functions. With Gatekeeper, customers are provided visibility across all vendor and contractual relationships and the ability to automate their associated processes. Additionally, organisations can comply with relevant regulations through a range of monitoring tools and bespoke automation. Gatekeeper currently supports more than 300 customers to consolidate costs, allow procurement teams to focus on high-value work and achieve continual audit-readiness.

The investment in Gatekeeper was made by Vista’s Endeavor Fund, which provides growth investments and strategic support to market-leading, high-growth enterprise software companies that have achieved at least $10 million in recurring revenue. Endeavor partnerships focus on growth, market strategy, talent and customer success – building enduring businesses designed to scale. Founders and management teams benefit from the expertise and support of Vista and its global ecosystem to deliver unparalleled value to their customers, unlock the potential of their employees and accelerate market leadership.

“Gatekeeper is a unique, founder-led business that’s established a leadership position in a large and growing addressable market,” said René Yang Stewart, Co-Head of Vista’s Endeavor Fund and Senior Managing Director. “This is a testament to the Company’s vision and ability to execute. We look forward to partnering with Patrick and the entire Gatekeeper team as they accelerate investments to support increased customer demand and gain further market traction.”

Kirkland & Ellis LLP served as legal counsel to Vista. PEAK Technology Partners served as financial advisor and Travers Smith and Foley & Lardner LLP acted as legal counsel to Gatekeeper.

About Gatekeeper

Gatekeeper is a Vendor & Contract Lifecycle Management (VCLM) platform, which helps customers manage their contract documents and vendor relationships through their full lifecycle.

By centralising all contract and vendor information into Gatekeeper, customers benefit from clear visibility of their contract and vendor data; time savings with the ability to securely delegate access to relevant internal and external information; advanced automation tools which can be used for simple tasks such as timely renewal reminders right through to complex, fully digitised business processes; and enhanced compliance and significant resource savings as a result of deploying Gatekeeper’s AI and automation tools.

For more information, visit www.gatekeeperhq.com.

About Vista Equity Partners

Vista is a leading global investment firm with more than $100 billion in assets under management as of March 31, 2023. The firm exclusively invests in enterprise software, data and technology-enabled organizations across private equity, permanent capital, credit and public equity strategies, bringing an approach that prioritizes creating enduring market value for the benefit of its global ecosystem of investors, companies, customers and employees. Vista’s investments are anchored by a sizable long-term capital base, experience in structuring technology-oriented transactions and proven, flexible management techniques that drive sustainable growth. Vista believes the transformative power of technology is the key to an even better future – a healthier planet, a smarter economy, a diverse and inclusive community and a broader path to prosperity. Further information is available at vistaequitypartners.com. Follow Vista on LinkedIn, @Vista Equity Partners, and on Twitter, @Vista_Equity.

Media Contact
Ian Bryce, Gatekeeper, 44 07377663098, ian.b@gatekeeperhq.com, www.gatekeeperhq.com
Brian Steel, Vista Equity Partners, 1 (212) 804-9170, media@vistaequitypartners.com, www.vistaequitypartners.com

SOURCE Gatekeeper

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Pole Star Global Acquires StratumFive Group, Expanding Its Coverage in Fleet Monitoring & Voyage Optimisation for the Global Commercial Flee

Abry Partners logo

Combined offering expands Pole Star’s industry leading fleet coverage and complements its leadership in vessel sanctions and monitoring.

[London, October 16, 2023] – Pole Star Global, the pioneer and market leader in maritime intelligence technology, with the largest blue water fleet under management, is pleased to announce its successful acquisition of StratumFive Group, a prominent maritime tech company. StratumFive’s Podium5, an award winning voyage informatics platform, brings together fleet monitoring, regulatory compliance, performance analytics and voyage optimisation into one powerful platform.

The acquisition of StratumFive represents a natural progression for Pole Star Global, as both companies share a deep-rooted dedication to delivering innovative solutions that empower the maritime community. The combination expands Pole Star’s industry leading fleet coverage and complements its leadership in vessel compliance and tracking solutions, with PurpleTRAC and MDA, used by leading government agencies, global banks and vessel operators globally. The Podium5 platform leverages the previously acquired FleetWeather capability, with a proven track record of enhancing vessel performance and safety through advanced model-based route optimisation.

“We are excited to welcome StratumFive into the Pole Star family” said Bob Skea, CEO of Pole Star Global. “By joining forces, we are reaffirming our commitment to innovation for our customers. The Podium5 platform not only enhances our capabilities in vital voyage analytics, but also accelerates our efforts with vessel emissions transparency and planning, which is critical as we enable trusted partners throughout the maritime network. We are excited to be working with Stuart, Ross and team.”

Commenting on the acquisition, Stuart Nicholls, Founder of StratumFive Group, said, “We are excited to become part of the Pole Star family. This partnership will allow us to accelerate the development of innovative solutions that will further transform the maritime industry. Together, we will continue to provide our customers with the best-in-class services and support they expect.”

Stuart Nicholls and StratumFive CEO Ross Martin will join Pole Star in newly created leadership positions to ensure continuity for customers and partners.

Said Ross Martin, CEO, StratumFive Group, “Podium5 provides the solution that our industry desperately needs to realise digitalisation and other operational efficiencies around shipping. Our outreach to the sector throughout Podium’s development has shown that it is a gamechanger for decision-making. We are extremely excited to be working with Pole Star to drive digital prosperity across our industry.’’

About Pole Star

Pole Star Global is trusted by the world’s top regulatory entities and is the only company in the world that operates at the epicentre of the maritime ecosystem by connecting government agencies, financial markets & ship owners and operators. Stakeholders depend on Pole Star to assess responsible actors and bridge the gap between service providers, regulators, and funders. Our unrivalled predictive maritime Insights, data, and expertise enable our customers to act responsibly in the areas of trade finance, emissions control, life at sea, surveillance, sanctions avoidance, and operational and reputational risk management.

About StratumFive

StratumFive Group has been a trusted provider of leading software solutions to the commercial shipping community for more than a decade. Its global network includes the previously acquired FleetWeather operations centre in the USA and its 50-year history of service excellence.  At the beginning of 2022, the group launched Podium5, an advanced voyage informatics platform.  Podium5 empowers maritime operators to save time, save fuel, reduce emissions, and ensure regulatory compliance – all whilst ensuring the utmost safety of crew, vessel and cargo.

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xxllnc acquires Processfive, backed by Main Capital Partners

xxllnc, a leader in GovTech software, expands its market position with the acquisition of tax software company Processfive.

xxllnc, a leader in GovTech software, expands its market position with the acquisition of tax software company Processfive. By joining forces with Processfive, xxllnc can expand its current suite of tax applications and offer a complete solution within the tax domain. The combination of Processfive marks the eleventh acquisition of xxllnc since its partnership with software investor Main Capital Partners.

Processfive is a specialist in providing software and services for (semi-)governmental organizations active in the tax domain. Among other things, Processfive’s solutions support customers in object registration, process inspection, quality control and reporting back of data to the basic registers. Processfive customers include the municipalities of Rotterdam and The Hague as well as Waternet and BghU.

The company is located in Alphen aan den Rijn and has approximately 18 employees. The current shareholders and management of Processfive – consisting of Rogier Noordam, Jeroen Prins and Maarten Stam – will become co-shareholders in xxllnc and will also remain active within the broader organization. xxllnc is a portfolio company of Main Capital Partners, a strategic investor in the software industry focused on accelerating growth and creating business value.

By joining forces, xxllnc and Processfive will be able to provide customers with a broader range of products and services. Through the collaboration, xxllnc strengthens its market-leading position within the tax segment. The experience and knowledge of Processfive will continue to be deployed within the broader xxllnc organization. Processfive’s expertise and knowledge will be invaluable assets for xxllnc, and customers will continue to benefit from the same high-quality service and operations they are accustomed to.

xxllnc, formerly known as Exxellence Groep, started in 2001 as a spin-off of the University of Twente and grew into a leading software supplier with more than 400 employees and a range of solutions for the Dutch (semi-)governmental sector. Customers of xxllnc include Municipalities of The Hague, Leiden and Utrecht, as well as UWV. The company has added eleven software companies since it came under the wings of Main Capital Partners in 2020.

Michel Veenhuis, CEO of xxllnc, mentions: “We are very excited about the cooperation with the Processfive team with whom we can further broaden our product offering and expand our knowledge.”

Charly Zwemstra, Managing Partner Main Capital Partners & Chief Investment Officer, concludes: “The combination between xxllnc and Processfive is yet another step for the company to strengthen its position as a complete and innovative player. Processfive has made good strides in recent years, making it a valuable addition to the organization.”

The combination between xxllnc and Processfive is yet another step for the company to strengthen its position as a complete and innovative player.

– Charly Zwemstra, Managing Partner & Chief Investment Officer at Main Capital Partners

About

Processfive

Processfive, founded in 2013, is a specialist in providing software that supports governments in the tax domain. In cooperation with its customers, Processfive develops innovative software solutions that provide support in the area of taxes. Among other things, Processfive’s solutions support customers with process inspection and quality control. Processfive has c. 18 employees and is based in Alphen aan de Rijn.

xxllnc

xxllnc provides smart scalable apps for the government and semi-government. Applications that support case management, data integration, taxation, social affairs and spatial planning. To take GovTech to the next level, xxllnc builds an ecosystem where everything works seamlessly together. The perfect combination of applications from the cloud and support from subject matter professionals. Meanwhile, the team consisting of hundreds of specialists is based in Hengelo, Amsterdam, Veenendaal and Eindhoven.

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TRG Screen Announces Strategic Growth Investment from Vista Equity Partners

Vista Equity

Partnership with Vista reinforces TRG Screen’s leadership in enterprise subscription spend and usage management; capital will accelerate growth initiatives to address an increasingly complex market data and information environment

NEW YORK, Oct. 3, 2023 /PRNewswire/ — TRG Screen, the leading provider of enterprise subscription spend and usage management software, today announced a strategic growth investment from Vista Equity Partners (“Vista”), a leading global investment firm focused exclusively on enterprise software, data, and technology-enabled businesses. TRG Screen will use the capital to accelerate product innovation, talent, and go-to-market functions to meet the growing demand for transparency, compliance, and control of market data and information consumption.

TRG Screen, the leading provider of enterprise subscription spend and usage management software, today announced a strategic growth investment from Vista Equity Partners, a leading global investment firm focused exclusively on enterprise software, data, and technology-enabled businesses.
TRG Screen, the leading provider of enterprise subscription spend and usage management software, today announced a strategic growth investment from Vista Equity Partners, a leading global investment firm focused exclusively on enterprise software, data, and technology-enabled businesses.

TRG Screen also announced that Leigh Walters has been appointed Chief Executive Officer. Walters, who will succeed Steve Matthews, has previously served as both President and Chief Operating Officer of TRG Screen since joining in 2017. As part of this planned transition, Matthews will assume the role of Executive Chairman after serving as CEO for the past nine years. He will continue to partner with Leigh and the company’s executive team in driving strategic growth.

 

“This investment from Vista comes following the tremendous success TRG Screen has achieved in providing our customers with leading subscription spend and usage management capabilities; it will also further accelerate our software and managed service offerings in response to the market’s demand for best-in-class solutions,” said Leigh Walters, CEO of TRG Screen.

“Following a successful investment with Pamlico Capital, we are excited to partner with Vista to continue our mission of delivering integrated customer solutions to optimize subscription spend and usage. Vista’s team of investors, operators, and technologists understand the unique opportunity of a company like TRG Screen, and we look forward to working with them in our next phase of growth,” added Steve Matthews, Executive Chairman of TRG Screen.

Driven by an ever-increasing demand for data and information, the subscription landscape continues to grow in both size and complexity, with financial market data alone representing $37.3 billion annual spend in 2022.1 TRG Screen’s modern solutions provide actionable insights into spend and consumption patterns, providing customers with complex and expensive subscriptions with clear visibility into their spend, usage, and compliance, against a backdrop of increased cost pressure. TRG Screen currently serves more than 500 financial services organizations, law firms, and global enterprise customers that jointly manage over $8.5 billion in subscription spend.

“The proliferation of subscription-based services has made controlling costs, monitoring usage, and managing access a top priority for leading financial services organizations, law firms, and global enterprises. TRG Screen’s platform is mission-critical, providing customers with the visibility to make impactful business decisions. We congratulate Steve on positioning TRG Screen to define the future of subscription spend and usage management and are excited to partner with Leigh and the rest of the team to support TRG Screen’s long-term growth and success,” said Martin Taylor, Co-Head of Vista’s Foundation Fund and Senior Managing Director.

“We truly enjoyed working with Steve, Leigh, and the entire TRG Screen team. They are talented operators, and we are thankful to have had the opportunity to help them achieve their vision for the business,” said Walker Simmons, Partner at Pamlico Capital.

Kirkland & Ellis LLP served as legal counsel to Vista, Raymond James served as financial advisor to Vista, and Oliver Wyman served as commercial diligence advisor to Vista. Alston & Bird LLP served as legal advisor and William Blair & Company and Truist Securities served as financial advisors to Pamlico and TRG Screen.

Additional financial terms of the transaction were not disclosed.

About TRG Screen
TRG Screen is the leading provider of enterprise subscription management solutions. Founded in 1998, TRG Screen is uniquely differentiated by its ability to monitor both spend and usage of data and information services including market data, research, software licenses, consulting and other corporate expenses. TRG Screen’s solutions provide its customers with full transparency into their vendor relationships and their subscription spend and usage, enabling them to optimize their enterprise subscriptions. TRG acquired Priory Solutions in 2016, Screen Group in 2018, Axon Financial Systems in 2019, Market Data Insights in 2020, and Jordan & Jordan’s Market Data Reporting (MDR) business in 2021 and with these acquisitions is now positioned as the global market leader in the financial, legal, and professional services markets. TRG Screen’s product portfolio includes subscription spend, usage, enquiry and compliance solutions. For more information visit trgscreen.com. Follow TRG Screen on LinkedIn, @TRG Screen, and on Twitter, @trgscreen.

About Vista Equity Partners
Vista is a leading global investment firm with more than $100 billion in assets under management as of June 30, 2023. The firm exclusively invests in enterprise software, data and technology-enabled organizations across private equity, permanent capital, credit and public equity strategies, bringing an approach that prioritizes creating enduring market value for the benefit of its global ecosystem of investors, companies, customers and employees. Vista’s investments are anchored by a sizable long-term capital base, experience in structuring technology-oriented transactions and proven, flexible management techniques that drive sustainable growth. Vista believes the transformative power of technology is the key to an even better future – a healthier planet, a smarter economy, a diverse and inclusive community and a broader path to prosperity. Further information is available at vistaequitypartners.com. Follow Vista on LinkedIn, @Vista Equity Partners, and on Twitter, @Vista_Equity.

About Pamlico Capital
Pamlico Capital is a private equity firm founded in 1988 that invests in growing middle market companies in North America. Pamlico Capital seeks control-oriented growth equity investments of up to $200 million alongside founders and proven leaders in its target industries: communications, healthcare, services and software. The firm, based in Charlotte, NC, has assets under management of almost $3.5 billion. For additional information, please visit www.pamlicocapital.com.

Media Contact
For TRG Screen
Roel Mels
366252@email4pr.com 
+31 73 6122 940

For Vista Equity Partners
Brian Steel
366252@email4pr.com 
(212) 804-9170

For Pamlico Capital
Gillian Rhew
366252@email4pr.com 
(704) 414-7126

1 Source: Burton-Taylor Financial Market Data/Analysis Global Share & Segment Sizing 2022

SOURCE TRG Screen

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Quilvest Capital Partners is proud to announce its investment in RCA, alongside its founder and CEO Jérôme Clarysse and COO Emmanuel Ledoux

Quilvest

On July 19, 2023, Quilvest Capital Partners closed the acquisition of a minority interest in RCA, a French software editor dedicated to chartered accountants, alongside its founder and CEO Jérôme Clarysse and COO Emmanuel Ledoux.

Created in 1999 by Jérôme Clarysse, RCA offers to chartered accountants a BtoB advisory software suite, and a full SaaS BtoBtoB solution, “MEG”, targeted to their to their end-clients to deliver pre-accounting services. With more than 6,500 accounting firms equipped, RCA solutions are being used by c.65% of the French market players. In FY2023 (YE March), RCA generated sales close to €25m.

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VideoAmp Announces $150 Million Series G Investment Led by Vista Credit Partners

Vista Equity

VideoAmp will leverage the funding to further accelerate growth and adoption as an advanced media currency

LOS ANGELES & NEW YORK–(BUSINESS WIRE)–VideoAmp, an adtech company providing measurement, data and software solutions for the advertising ecosystem to more efficiently and effectively allocate media spend, today announced $150 million in Series G funding led by Vista Credit Partners, a subsidiary of Vista Equity Partners and strategic financing partner focused on the enterprise software, data and technology markets. The funding will help accelerate VideoAmp’s growth and ability to empower content owners, advertisers and their media agencies with an advanced media currency solution that redefines the way media is valued, bought and sold across screens.

“VideoAmp is defining how advertisers measure and deliver value in the modern media landscape, and we look forward to supporting the company in its next phase of growth.”

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“VideoAmp has seen explosive growth and significant customer adoption of our best-in-class measurement, optimization and planning tools for the buy-side. We’ve also seen incredible momentum in both the buy- and sell-side adopting our advanced currency solution,” said Paul Ross, Chief Financial Officer of VideoAmp. “VideoAmp’s advanced currency is poised to increase advertiser ROI and provide a more accurate way to value a publisher’s content. This round of funding from Vista Credit Partners will support our strategy and commitment to both currency and further establishing our overall category leadership.”

Vista Credit Partners’ investment in VideoAmp underscores the confidence and shift to large scale datasets, in place of panel-only based solutions, for media measurement, planning, optimization and currency. With VideoAmp, advertisers can more effectively measure and optimize for fragmented, cross-screen audiences and provide more accurate attribution to business outcomes. VideoAmp’s data methodology joins various inputs like Set-Top Box data (STB) with Smart TV data from ACR providers, which undergo rigorous ingestion, cleansing, deduplicating and weighting processes to create a larger, more accurate dataset of nearly 40 million households and more than 60 million devices across the U.S. With VideoAmp’s currency-grade data and solutions, clients can tap into advanced audiences and real-time insights to plan, optimize and measure reach and frequency across screens with greater accuracy and representation.

VideoAmp has seen incredible adoption for its measurement and currency solutions with 13 major linear and streaming publishers on board, along with all major media holding companies and several independent agencies and 75+ advertisers. This has resulted in hundreds of campaigns transacted on VideoAmp currency and putting the company on track to deliver billions of advertising spend in currency guaranteed campaigns for the 2023/2024 broadcast year.

“Vista Credit Partners is committed to accelerating the growth and success of innovative enterprise software businesses with tailored capital solutions and operational support to fit their individual needs,” said David Flannery, President of Vista Credit Partners. “VideoAmp is defining how advertisers measure and deliver value in the modern media landscape, and we look forward to supporting the company in its next phase of growth.”

About VideoAmp

VideoAmp is an adtech company offering data and software solutions with a mission to increase the value of advertising by redefining how media is valued, bought and sold. By leveraging the power of currency-grade, big data, VideoAmp’s solutions allow clients to access advanced audiences and real-time insights to plan, optimize and measure media investments across platforms. With these solutions, media sellers can maximize the value of their inventory, while advertisers can benefit from increased return on investment. VideoAmp has seen incredible adoption for its measurement and currency solutions with 13 major linear and streaming publishers on board, along with all major media holding companies and several independent agencies and 75+ advertisers. This has resulted in hundreds of campaigns transacted on VideoAmp currency and putting the company on track to deliver billions of advertising spend in currency guaranteed campaigns for the 2023/2024 broadcast year. VideoAmp is headquartered in Los Angeles and New York with offices across the United States. To learn more, visit www.videoamp.com

About Vista Credit Partners

Vista Credit Partners is the credit-investing arm of Vista Equity Partners and is a strategic investor and financing partner focused on the growing enterprise software, data and technology market. Vista Credit Partners employs a highly disciplined approach to credit investing while maintaining flexibility to pursue investments offering the best relative value and investing across the capital structure. As of March 31, 2023, Vista Credit Partners has grown to over $7.2 billion of assets under management. Since formation in 2013 and as of June 30, 2023, Vista Credit Partners has deployed over $10.7 billion. For more information, please visit www.vistacreditpartners.com.

Vista Credit Partners offers solutions tailored to strategic objectives with growth-friendly terms and long-term investment horizons across both the private and broadly syndicated markets, sourcing deals directly from founder-led companies, through sponsor relationships, and from its deep network of experts, advisors and other intermediaries to support growth and unlock value through creative capital solutions and operational partnership. Vista Credit Partners has completed more than 545 software and technology transactions since inception.

Contacts

VideoAmp
Stephanie Doennecke
stephanie@videoamp.com

Vista Credit Partners Media Contact:
Brian W. Steel
(212) 804-9170
media@vistaequitypartners.com

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Main Capital Partners acquires Danish market leading industry-specific software provider Unik System Design

Main Capital Partners

Main Capital Partners is delighted to announce the signing of the acquisition of a majority stake in Unik System Design (‘Unik’).

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.”

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.

– Wessel Ploegmakers, Partner at Main Capital Partners

About

Unik System Design

Unik System Design is a Danish software company developing industry solutions for housing- & property management and legal administration, with more than 240 employees and consultants in Vejle, Aalborg, Copenhagen and Warsaw. Unik has over 35 years of experience in creating the most efficient digital workday for their customers, developing and supplying selected industries with the market’s most used software solutions.

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Groupe Sinari announces Bridgepoint Development Capital as new majority shareholder

Bridgepoint

Groupe Sinari, a French publisher and leader in software solutions for the road haulage and logistics sector, is pursuing its ambitious development strategy. With 260 employees and offices in France and Belgium, Sinari supports its customers in the transport and logistics sectors, helping them meet the challenges of tomorrow.

With revenues amounting to almost €40 million and more than 6,000 customers, Sinari opted for a new LBO in which Bridgepoint Development Capital (BDC) acquired a majority stake, alongside its existing shareholders (New Alpha Verto and its management).

Groupe Sinari is positioned in a particularly buoyant software publishing market, mainly addressing the transport and logistics industries:

  • The breadth of Sinari’s offering enables them to address both small companies with flexible, easy-to-use solutions, and large international transport groups.
  • Sinari and its subsidiaries offer a complete range of Transport Management Systems (TMS), Fleet Management Systems (FMS), Onboard Computing and Social Management, Warehouse Management Systems (WMS), Route Optimisation, Garage Management and Career Management.
  • Demand is increasing in certain verticals, notably as a result of regulatory changes.
  • The digitisation of data exchanges between players in the supply chain eco-system (shippers, logistics providers and carriers) is accelerating and becoming a driving force behind market development.
  • In addition, the Covid-19 crisis and the rise of e-commerce have highlighted the importance for all companies to control their logistics flows.

 

The company, born of the merger of OMP and GPI in 2019, has thus enjoyed significant growth in recent years following successive acquisitions that have enabled the group to strengthen its core market (TMS, telematics and WMS) and expand into new geographies (Benelux). The company is the market leader in France, and very well positioned to continue consolidating the European market. To achieve this, Sinari has chosen to enter into a partnership with Bridgepoint – notably due to its extensive experience in this field, thanks to its investments in Memnon Networks (TMS) and more recently PTV (traffic management solution). BDC will support the group in accelerating its international development and developing in new vertical markets.

Sébastien Rufflé, CEO of Groupe Sinari, comments:

“My team and I are delighted to have Bridgepoint Development Capital join us. It is a partner who shares our vision of the market and supports the project we launched five years ago. We are convinced that the digitalization of supply chain operating methods is a driving force for simplifying exchanges and making them more responsible. We are already a major player in this transformation in France, thanks to the experts in the transport sector that have joined the Group over the years. We must continue to develop this knowhow, but also extend it to other geographies to support this transformation that transcends borders. That is what this new partnership is all about”.

Thomas Moussallieh, Bridgepoint Development Capital Director, comments:

“We are delighted to have the opportunity to support the Sinari teams in their ambitious European development project, which is at the heart of BDC’s strategy, in particular to support a software leading player in its segment. In addition to the company’s market potential and its leading position in France, we were quickly won over by Sébastien and his team: his vision of tomorrow’s challenges and his determination to anticipate the changes taking place in the world of software for carriers convinced us to get on board this ambitious project. We are also particularly sensitive to the projects of companies supported by our investments, and Sinari’s project to reduce CO2 emissions, thanks to its telematics and route optimisation solutions, echoes the values we support”.

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Zig and Cegeka Real Estate Solutions join forces for Dutch real estate sector

Main Capital Partners

Backed by Main, Zig and Cegeka Real Estate Solutions (“CRES”) are joining forces and will continue under the name Zig.

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.”

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.

– Pieter van Bodegraven, Senior Partner at Main Capital Partners

About

Zig

Since its founding in 2001, Zig has become a leader in the residential and commercial real estate industry. Zig provides its software to a broad customer base of over 160 organizations.Examples of customers include De Alliantie, Rochdale, Sociale Verhuurders Haaglanden, DUWO, Mooiland, Klik voor Wonen, Thuis in Limburg, Elkien, Bouwinvest and A.S.R. The company has approximately 125 employees.

CRES

CRES has been part of the Cegeka Group, an international ICT service provider, since 2006. In recent years CRES has fully migrated the Dynamics 365-based ERP solution Dynamics Empire to SaaS (Microsoft Public Cloud) and expanded its market position to over 85 housing associations and commercial property managers, which collectively manage nearly 1 million homes. CRES customers include Woonwenz, WonenBreburg, DeltaWonen and Mooiland.

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