Main Capital Partners (Main), an enterprise software investor operating in Europe and North America, has announced the closing of its second continuation fund, with €300m in commitments.
The transaction was lead by funds managed by global private markets investor Hamilton Lane, with Trinity River Holdings serving as sub-lead.
The continuation fund was established to fully acquire portfolio company xxlnc, a Netherlands-based supplier of GovTech. Main plans to continue the internationalisation of the company, with the goal of establishing it as a Pan-European GovTech leader. This follows the firm’s May 2025 acquisition of Documaster, a Norwegian provider of document management and e-archiving solutions for the public sector.
Main plans to combine the two firms, pending regulatory approval, creating a group employing around 380 FTE and serving over 1,250 public sector organisations across Europe.
Proskauer Rose LLP acted as lead legal counsel for the closing.
