Hengelo, January 18th 2021 – Tercera, specialist in software for the digitization of the spatial planning of municipalities and provinces, joins Exxellence Groep, majority participation of Main Capital. After the combination with Zaaksysteem.nl in May 2020, T&T Vertrouwd Verbonden in August 2020 and very recently 4Value in December 2020, Tercera is already the fourth step in the buy-and-build strategy to form strategic combinations with leading companies in the (semi-)government market, in order to improve the product offering and added-value for (semi-)public customers and to provide a sustainable counterbalance to the larger players in the market.
Tercera supplies web-based software for the Environmental Act, serves as an advisory body to the government and specializes in the digitization of spatial plans. Tercera is the first company to develop a working digital link via software with the National Facility for Publication (LVBB). Since 2001, Tercera has been involved in digitizing and co-drafted five practice guidelines (PRPP2006, PRpSV2008, PRPV2008, PRPT2012 and PRSV2012). The organization serves more than 130 authorities, including all provinces, three water boards and a Ministry. Examples of customers are the province of South Holland and the municipality of Haarlemmermeer.
Cooperation Tercera – Exxellence Groep
Together, Tercera and Exxellence Groep have more than 600 customers and 230 employees and serve most of the Dutch municipalities and (semi-)public organizations throughout the Netherlands. With the strategic combination with Tercera, Exxellence Groep and Main Capital are taking a big step in expanding the product portfolio and in doing so optimize the added value for customers. After laying a solid foundation with Zaaksysteem.nl (in May 2020), the step in the integration layer with T&T Vertrouwd Verbonden (August 2020) and the step into the tax domain with 4Value in December 2020, the combination with Tercera is a very strategic fourth step into the spatial planning software domain. Supported by Main Capital, the combined company will continue to explore further strategic combinations with software product providers in the government market. The group’s ambition is to grow into a leading provider of software solutions and related services within the (semi-)government market in order to expand the product range and added value towards customers and to provide a sustainable alternative to the larger players in the market. Main elaborates on the experience gained in this market with former portfolio company Roxit. The organizations will strengthen each other on a functional level whereby outstanding service provision for the customer is the starting point.
Lieuwe Koopmans (Management Tercera): “We have grown strongly recently and have further expanded our software. For us, joining the Exxellence Group is a welcome and logical next step to safeguard our current market position and the further innovations of our software for the purpose of the Environment Act / DSO.”
Michel Veenhuis (CEO Exxellence Groep): “With Tercera, we are strategically expanding our existing position within the spatial planning domain. This expansion offers Exxellence many opportunities to respond strongly to market needs. Namely renewing the current application landscape around the DSO. Together with Tercera, we are able to take a leading role in the legislation and regulations that are still under development.”
Charly Zwemstra (Managing Partner Main Capital): “Main has a strategic focus and has entered into a long-term partnership with Exxellence Groep to support the company in its next phase of growth. After the combinations with Zaaksysteem.nl, T&T Vertrouwd Verbonden and 4Value, this is another important step towards a leading position in the (semi-)public market, by means of a strong product and service range aimed at strategically supporting organizations within the public domain.”
About Exxellence Groep
Exxellence Groep consists of Exxellence, SMQ, Zaaksysteem.nl, Koppel.App, Kune Campus, T&T and 4Value and is located in Hengelo, Amsterdam and Eindhoven. Exxellence Groep has ca. 220 employees and serves more than 550 customers throughout the Netherlands, varying from municipalities and regional water authorities to housing corporations and care institutions. Examples of customers are the municipality of Utrecht, the municipality of Alkmaar, the Municipal Tax Office of Twente, the environment service Utrecht region and the country of Curaçao.
Exxellence Groep has a clear focus on municipalities and other (semi-)public bodies such as insurance companies and pension funds. Through its case management systems, self-service CRM and its integrations with the prominent basis registers, Exxellence Groep enables its customers to make connections between governments and residents, systems and processes, with the use of experts and smart tools.
In addition to software solutions, the Exxellence Groep carries out projects and services in the field of WOZ, BAG and BRP through consultancy, secondment and process outsourcing. The products and services of the Exxellence Groep optimally support governments in the DSO transition.
About Main Capital Partners
Main Capital is a strategic investor with an exclusive focus on the software sector in the Benelux, DACH and Nordics. Main has a long term horizon around successful partnerships with management teams, with the aim of building larger software groups together. Main has approximately € 1 billion in assets under management for investments in mature and growing software companies. Within the software sector, Main is the most specialized faction in management buyouts and later-stage growth capital for acquisitions. An experienced team of professionals manages these strategic investment funds from offices in The Hague, Düsseldorf and Stockholm.
Main Capital’s current portfolio includes fast-growing software and SaaS software companies such as Perbility (HR software), Pointsharp (Identity & Access Management), Textkernel (HR & AI software), MACH AG (E-Government software), WoodWing (marketing automation), Alfa (healthcare), Exxellence Groep (government software), Optimizers (supply chain software), Assessio (SWE, HR & Talent management), GBtec (Germ, process automation/workflow management)/GRC), Onventis (Germ, procurement & invoice management), HYPE Innovation (Germ, innovatie management / collaboration), Cleversoft (Germ, GRC for financial services), Enovation (Healthcare), SDB Groep (healthcare), Jobrouter (Germ,Process automation), GOconnectIT (GEO ICT), Inergy (data driven governmental solutions), MUIS Software (financial administrative), Artegic (Germ, marketing automation), OBI4wan (customer engagement & Chatbot platform), b+m Informatik (Germ, financial services), ChainPoint (sustainable supply chain tracking) en RVC (Healthcare). Successful former portfolio companies include Roxit (government software), Axxerion (facility management software), Ymor (APM software) and Onguard (creditmanagement). The combined turnover of the Main software companies sums up to approximately € 400 million and grows by double digits annually.
Note for the editor:
For more information, please contact:
Charly Zwemstra (Managing Partner)
Main Capital Partners B.V., Paleisstraat 6, 2514 JA, Den Haag
Tel: +31 (0) 70 324 3433 / +31 (0) 6 5127 7805
For more information on Exxellence Groep, please contact:
Michel Veenhuis (CEO)
Tel: +31 6-21895968
For more information on Tercera, please contact:
Lieuwe Koopmans (Management)
We will keep you informed on the most relevant developments of Main Capital