JobRouter AG expands into US market and acquires BPS-24 from Michigan
Focus on Cloud Business for Content Services and Digital Process Automation
JobRouter® distributor becomes US subsidiary/ More than 80 customers and partners expand JobRouter network / Clear focus on expansion of alliances in the ECM/DPA & Cloud area
Axel Ensinger & Marcus Nagel (Co-CEOs JobRouter)
Mannheim, 13 November 2018 – JobRouter AG, a global software company with a cross-industry low-code digitization platform based in Mannheim, Germany, today announced the acquisition of BPS-24, a JobRouter distributor based in Southfield, Michigan, USA. BPS-24 founder and former President Wolfgang Kaden will lead the new US subsidiary in the role of COO. He will report directly to JobRouter Co-CEOs Axel Ensinger and Marcus Nagel.
BPS-24 has distributed the JobRouter digitalization platform in the US since 2009 via a partner network with a continuously growing customer base, which includes well-known companies and organizations from all sectors. The new US subsidiary will also expand the JobRouter cloud business for content services and digital process automation.
“After the strategic investment by Private Equity Partner Main Capital in 2017, we have now taken the next step in our growth strategy,” says Marcus Nagel, JobRouter Co-CEO & CCO. “The US market is particularly important for us on the road to further internationalization. Wolfgang Kaden has done a very good job of laying the groundwork and advancing brand awareness of the JobRouter platform. Now is the time to invest more in expansion in order to maintain our position in this very fast-moving market. We see great potential, both from a technological and a sales point of view, to make a leap forward”.
Since its founding in 2013, JobRouter AG has reported an average annual growth in sales of 26 percent and an exponential increase in software licenses.
“Of course, there are many players in the American Enterprise Content Management (ECM) and Digital Process Automation (DPA) markets, but there are few solutions that can compare with our unique combination of workflow, document and data management in one platform,” adds Axel Ensinger, Co-CEO and CPO at JobRouter. “Groundbreaking analysts and technology companies are based in the USA and are driving global networking forward. This expansion will allow us to capitalize on strategic collaboration opportunities with those organizations. We are very pleased to have found in Wolfgang Kaden a COO who knows the US market and the potential of the platform. This combination is unbeatable”.
“In our function as a US distributor, we have successfully established ourselves on the US market in recent years together with JobRouter AG,” says Wolfgang Kaden, COO of JobRouter US. “JobRouter, with its superior feature set and future-oriented technology, is ideally positioned to meet the digitization challenges of global companies efficiently, securely and flexibly. The acquisition now gives us the opportunity to further expand our market presence and respond even faster to customer requirements. In the USA, the cloud business and openness to innovative technologies will also open up new business potential that we want to exploit to the full.”
JobRouter AG is a global software company offering solutions for digital company transformation with its cross-industry low-code digitization platform for customers of all company sizes. With this, JobRouter supports companies in optimizing their workflow, the efficient management of their data and documents, and the digitization of their internal and external business processes. Additionally, the modular structure of the JobRouter® technology components enables the extension of the solution based on the requirements and facilitates individual organization. Thereby companies receive a comprehensive and tailor-made system with many agile interfaces.
Together with an international network of more than 160 partners and own branches in Great Britain, Morocco, Poland, Turkey and USA, JobRouter AG supplies more than 1100 clients globally. Among these are leading companies, such as Euromaster, HARIBO, HELMA Eigenheimbau, the university in Konstanz, Klöckner & Co, MEYER WERFT, S&G Automobil, Thomas Cook, the university Bern and ZF TRW.
Headquarter of JobRouter is in Mannheim, Germany. For further information, please visit www.jobrouter.de.
About Main Capital
Main Capital is a strategic investor with an exclusive focus on the software sector in the Benelux, Germany and Scandinavia. Within this sector, we are the most specialized party in management buy-outs and later-stage growth capital. Main Capital has approximately € 400 million under management for investments in mature but growing software companies in the Netherlands and Germany. An experienced team of professionals manages these Private Equity funds from offices in The Hague and Düsseldorf. Main Capital has a strong footprint in the healthcare SaaS market and acquired companies like SDB Ayton, Verklizan, RVC Medical IT and The Patient Safety Company before.
The current investment portfolio of Main Capital consists of growing (SaaS) software companies such as Enovation, SDB Ayton, GOconnectIT, JobRouter (Germany), Inergy, MUIS Software, artegic (Germany), OBI4wan, Axxerion, b+m Informatik (Germany), Ymor, Roxit, Onguard, Sharewire, SecondFloor, Sofon and ChainPoint. Main Capital also has an interest in managed hosting provider Denit. Main Capital has a long-term perspective with the intention to build larger strong software groups. Main Capital has realized many successful exits such as recently Regas, Connexys (to Bullhorn) and ABIT / EuroSystems. Main Mezzanine Capital is another business line of Main Capital Partners and has provided mezzanine loans to, among others, The Valley, TravelBird, Talkwalker, Worldmeetings and BTC.