Nextway Software welcomes Main Capital as new investor
7/12/2024 With an ambition to build a leading European supplier of mission-critical Enterprise Content Management, Main Capital Partners (‘Main’) has acquired a majority stake in the Nextway Software group. Nextway retains its name and its management and continues its growth journey.
The acquisition follows the successful transformation of Nextway to become the go-to partner for organizations in Insurance and Finance that depend on mission-critical Enterprise Content Management (ECM).
“For us in the management team, this is a dream come true. We have appreciated the time of being founder-owned, but we have also identified that to secure a future with continued growth, a succession was needed. We all look forward to the collaboration with the skilled team from Main.“
Thomas Hougaard-Enevoldsen, CEO at Nextway Software
The remaining part is still owned by Nextway's former owners, who remain actively involved in the daily management along with a number of employees.
Business as usual
Nextway will continue to serve its many customers in Insurance, Finance and other industries valuing the same virtues, under the current management:
- CEO, Thomas Hougaard-Enevoldsen (DK)
- COO, Raphael Schlegel (CH)
- CTO, Kim Hellum (DK)
- SVP, Insurance Annette Weber (DK)
- SVP, Finance Marcel Ritter (CH)
Chairman of the board – Lars Rüger – continues on the board of directors together with representatives from Main.
“This strategic step provides us with extra muscles to harness our potential, both for ourselves and for our customers. All our colleagues are excited about the growth journey ahead, which we now look forward to with even more strength, and later on with more new colleagues" – adds Thomas Hougaard, CEO of Nextway Software.
A step with enormous potential
Main is a leading software investor managing investment funds active in Northwestern Europe and North America. Leveraging 20 years of experience in software investing and deep-sector knowledge, they work closely with management teams in their portfolio to achieve sustainable growth and larger, outstanding software groups.
With 44 platform companies in their active portfolio, they have deep sector knowledge that Nextway will now benefit from.
“We are excited about the partnership with Nextway and committed to supporting their journey ahead. Nextway’s strong organic growth and strategic vision for international expansion in Northwestern Europe position them for continued success. We see significant opportunities for enhancing their product offerings and exploring new markets through a targeted buy-and-build approach. We look forward to driving Nextway’s market presence and facilitating their growth through this partnership.“
Jonas Bäckman, Sr. Investment Manager at Main
Press contact:
| Thomas Hougaard-Enevoldsen CEO, SVP Partnerships Nextway Software +45 61 63 96 71 the@nextway.software |
Wessel Ploegmakers Partner and Head of the Nordics Main Capital Partners +46 732 611 700 wessel@maincapital.se |
| Jelica Agger Sørensen Communication & Marketing Manager Nextway Software +45 60 40 92 87 jma@nextway.software |
About Nextway Software
Founded in 1986, Nextway is a Danish software company specializing in enterprise content management (ECM) systems and business process automation solutions.
Nextway serves mid-to-large enterprises, particularly in insurance, finance, and similar industries, addressing complex operational needs with solutions for high-value content management, stringent policy compliance, audit logs, and version control.
The company supports over 3000 companies primarily in the Nordic and DACH regions, employing an international team across Denmark, Germany, Switzerland, Finland, and Norway.
Nextway’s solutions benefit more than 3,000 companies globally, including subsidiaries of its customer base, with a focus on mid-to-large insurance and finance firms and other enterprises with mission critical content management needs.
For more information visit www.nextway.software or the official Linkedin page.
About Main Capital Partners
Main Capital Partners is a leading software investor in the Benelux, DACH, the Nordics, and the United States with approximately EUR 6 billion in Assets under Management.
Main has over 20 years of experience in strengthening software companies and works closely with the management teams in its portfolio as a strategic partner to achieve profitable growth and larger outstanding software groups.
As a leading software investor managing private equity funds active in Northwestern Europe and North America, Main has 70 employees operating out of its offices in The Hague, Düsseldorf, Stockholm, Antwerp, and an affiliated office in Boston.
Main maintains an active portfolio of over 45 software companies. The underlying portfolio employs over 12,000 employees. Through its Main Social Institute, Main supports students with grants and scholarships to study IT and Computer Science at Technical Universities and Universities of Applied Sciences.
For more information visit: www.main.nl
