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Announced

Main Capital Partners to acquire a majority stake in PLATO and iqs Software.

Synopsis

Main Capital Partners, a rapidly growing investment management firm, agreed to acquire a majority stake in PLATO, an international software company, and iqs Software, a developer of software designed to serve enterprises to manage businesses. Financial terms were not disclosed. “Organizations across the globe increasingly realize the need to adopt Engineering and Quality Management Software to comply with frequent changes in legislative requirements, meet market demands and ensure customer safety. We are excited to support PLATO and iqs in joining forces and see ample opportunities to jointly grow the new and highly complementary group in the German-speaking region, the US, and beyond, and look forward to work together with both teams," Sven van Berge Henegouwen, Main Capital Partners Head of DACH.

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