Main Capital Partners (“Main”) today announces it has acquired a majority stake in Pro4all, a leading Dutch provider of software solutions for all stakeholders in the construction process, including architects, construction companies, property developers and housing corporations. The partnership with Main is an important choice within the growth strategy of Pro4all, which aims to become a leading European construction software player.
Pro4all, based in Woerden, has been active in the construction industry for over 20 years. The company develops software that facilitates the construction process, improves the cooperation between the parties involved and thus reduces failure costs while at the same time increasing quality. Pro4all offers a wide range of solutions for managing and controlling documents, 3D modelling, planning and quality assurance throughout the entire construction process. The solutions include practical functions such as version control of construction drawings on the building site plus also innovative ways of handling building information models (BIM).
Pro4all delivers its software to some 850 customers, including more than half of the Cobouw50, the largest construction companies in the Netherlands. More than 85,000 construction professionals use the software every day. Thanks to a strong technological basis and in-depth professional knowledge, Pro4all is well positioned to respond to the increasing demand for efficiency and quality, which is illustrated by the upcoming Quality Assurance Act for Construction (the Dutch “Wet kwaliteitsborging voor het bouwen”). The company distinguishes itself in the market through continuous product innovation, which is driven by the intensive cooperation with its customers.
Growth and innovation are key
Supported by the expertise of Main in the European software market, Pro4all can further develop its product portfolio and therefore deliver more added value to customers. In addition, Pro4all and Main will jointly aim at realizing a national as well as an international growth acceleration. The growth strategy will include international roll-out of its products, strategic add-on acquisitions aimed at geographical expansion and deepening and broadening of the product range.
Dick van der Woude, director of Pro4all: “We are looking forward to join forces with Main and to jointly develop Pro4all into a leading European construction software player. With the knowledge and international experience of Main, in combination with our technical and commercial expertise, we are excellently positioned to realise the ambitious growth plans and further professionalisation of our company.”
For Main, the acquisition is a strategic step in the software market for the construction industry. Sjoerd Aarts, Senior Investment Manager at Main Capital Partners: “The construction industry is a market where margins are increasingly under pressure, but where there are still many opportunities. Pro4all is active with high quality software solutions to support quality assurance in construction processes. Processes are optimised as a result, which reduces cost pressure. With the expected introduction of the Quality Assurance Act (Wkb), quality assurance will become increasingly important in the building process. In addition, we expect the construction sector to experience strong growth in the coming years, partly driven by the acute housing shortage. Pro4all has a strong and experienced management team and we are delighted to assist them as a strategic partner in their further national and international growth.”
Pro4all, founded in 2001 and based in Woerden, has acquired a leading position in software for the construction industry over the years. Three products are central to the offering: Docstream, Snagstream and Prostream. Docstream and Snagstream, with a focus on document management and quality assurance in the construction process respectively, have been offered for some time. Prostream, the newest product within the suite, will combine the functionalities of Docstream and Snagstream and expand them with even more 3D functionalities and proactive risk management. The company currently has 46 employees.
About Main Capital Partners
Main Capital Partners is a leading software investor in the Benelux, DACH and the Nordics. Main has almost 20 years of experience in strengthening software companies and works closely together with management teams of its portfolio companies as a strategic partner, in order to realise sustainable growth and build excellent software groups. Main counts over 50 employees and has offices in The Hague, Stockholm and Düsseldorf. As of October 2021, Main has over EUR 2.2 billion of assets under management. Main has invested in more than 130 software companies to date. These companies have created jobs for approximately 5,000 employees.
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