Main Capital Partners, a €6bn software investor focused on the Benelux, DACH, the Nordics and the US, has acquired mps public solutions, a German software provider to the public administration and social care sector.
The acquisition marks the second platform investment for Main since the inception of its new fund MC VIII in April.
According to a press release, Main will support mps through “both organic and inorganic initiatives”.
Founded in 1978 and headquartered in Koblenz, mps focuses on municipalities and districts within the German public administration sector, as well as the social care sector, generating revenues in excess of €25m. The company offers software solutions such as financial management and cemetery management software. The company employs over 180 and serves more than 1,200 municipalities in Germany.
The transaction is subject to customary regulatory approvals.