Announced

Completed

Main completed the acquisition of an 60% stake in Whitevision.

Synopsis

Main, an investment management firm, completed the acquisition of an 60% stake in Whitevision, a Dutch provider of intelligent document processing software solutions. Financial terms were not disclosed. “Intelligent Document Processing and the broader markets of Enterprise Information Management and Business Process Management are domains in which Main has developed a great level of expertise. The increasing need for the digitization and automation of processes, as well as cross-border eProcurement opportunities, are expected to drive the growth of this market in the upcoming years. Main has been in contact with Frank for a long time already and is impressed by the company he has built. We are very excited to assist Frank and Whitevision’s experienced management team as a strategic partner in the company’s next stage of national and international expansion, both organically and through a buy-and-build strategy,” Sjoerd Aarts, Main Managing Partner.

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