Main Capital Partners acquires US-based DevOps software provider Flexagon

Founded in 2014 in Green Bay, Wisconsin, Flexagon is a leading provider of DevOps solutions. Flexagon’s flagship offering, FlexDeploy, automates, secures, and streamlines the software development and deployment lifecycle for complex environments like Oracle, Salesforce, SAP, and Open Systems. Flexagon serves a global enterprise client base across all mission-critical industries including manufacturing, government, healthcare, and high-tech. Flexagon helps clients increase speed and quality while reaching and maintaining compliance with industry standards and regulations. With approximately 40 employees and a track record of averaging a recurring revenue growth rate of 25% per year, Flexagon has been able to sign notable clients including Sonoco, Heathrow Airport, HNI Corporation, and Zebra Technologies.

With the strategic support of Main, Flexagon will leverage new growth channels to strengthen its North American market share and further accelerate the international presence within the European market. The firm will leverage a selective buy-and-build strategy to expand the FlexDeploy offering with complementary solutions. The combination of organic and inorganic growth initiatives aims to enable Flexagon to foster long-term innovation within the DevOps market and provide customers with the leading DevOps offering for enterprise ecosystems.

Dan Goerdt, CEO of Flexagon, states: “We are thrilled about our strategic partnership with Main Capital, and the potential to accelerate global awareness and impact of Flexagon’s DevOps platform. Main’s exceptional track record for profitably growing enterprise software companies is a clear win for Flexagon customers, employees, and partners.”

Daan Visscher, Investment Director & Co-head North America, concluded: “We are excited to partner with Flexagon to support the expected next phase of profitable growth. We are impressed by Flexagon’s innovative solutions, the ability to provide for multiple software ecosystems, and strong positioning within the enterprise market. We look forward to working together with the management team to expand the product offering and value proposition for customers through organic initiatives and strategic acquisitions.”