The software provider for the banking and insurance industry b+m Informatik, in which Main Capital holds a majority stake, has joined forces with engram GmbH as part of its growth strategy. Main Capital has actively supported b+m Informatik in this transaction. Henceforth, the business activity will be continued in both companies in the usual and unchanged form. Both companies have been consolidated under the umbrella of a joint holding company.
With this step, both companies combine their product portfolio to tap into new target markets and strengthen long-term customer relationships. The offer will include IT solutions and services ranging from front-end to the back-end solutions for financial services companies. Together, both companies understand themselves as one-stop-shop supporting digitalization strategies as a reliable IT partner with strategic advice and products. Both companies are deeply integrated in the Sparkasse-Finanzgruppe, among others.
Charly Zwemstra (Managing Partner of Main Capital Partners and Chairman of the b+m Informatik supervisory board): “With the acquisition of engram GmbH by b+m Informatik AG, we have taken another important step in our expansion strategy into Germany. The combination of both companies strengthens the competitive position as one of the leading software providers for the financial sector in the DACH region. We will continue to support the combination with our network and sector know-how to grow it further both organically and through selective acquisitions. ”
B+m Informatik and engram have already successfully worked together in customer projects. The focus lies on innovative solutions, which support financial service providers in the expansion of their multichannel distribution and the associated business processes.
About b+m Informatik AG
B+m Informatik AG has been advising and supplying banks and insurance companies with consulting and software for more than 20 years. The company, headquartered in Melsdorf, employs around 90 people and operates in the DACH area. The focus of the banking segment is active business, with an application for advising and processing any credit support programs – fully integrated into the system landscape of a credit institution. The insurance area offers solutions for composite stock management, components for sales platforms as well as special solutions in the bAV segment. The technical core expertise of b+m Informatik is the engineering department, which is particularly active in the field of model-driven software development.
About engram GmbH
With its headquarters in Bremen, engram GmbH has been well-positioned in the software and IT market since 1990 and employs around 45 people. The company provides innovative software product solutions and consulting services for the financial services and hospitality market. Next to solutions for digital learning to support personnel development and change management processes, the product portfolio includes various innovative multichannel marketing products. engram is a certified development partner of the data processing center of the savings bank organization and, with its front-end expertise focusing on customer & user engagement, complements the technical and technical skills of b+m.
About Main Capital
Main Capital is a private equity and Mezzanine Capital investor with an exclusive focus on the software sector in the Benelux and DACH area. Within this sector, we are the most specialized company in management buyouts and later-stage growth capital. Main Capital has approximately € 260 million under management for investments in mature but growing software companies in the Benelux and DACH area. An experienced team of professionals manages the Private Equity Funds.
In the current portfolio of Main Capital are rapidly growing (SaaS) software companies like Verklizan, Inergy, MUIS Software, Artegic (Germany), OBI4wan, Axxerion, b+m Informatik (Germany), Ymor, Roxit, OnGuard, Sharewire, SecondFloor, ABIT/EuroSystems (Germany), Sofon, Connexys, Regas, ChainPoint, RVC and TPSC. Main Capital realised many successful exits. The Mezzanine Capital group granted loans to e.g. The Valley, Travel Bird, Talkwalker and Worldmeetings.
Note for the editor:
This press release is issues by Main Capital. For more information, please contact:
Charly Zwemstra (Managing Partner)
Main Capital Partners BV, Paleisstraat 6, 2514 JA, Den Haag
Tel: +31 (0) 70 324 3433 / +31 (0) 6 512 77 805