Regas and Daarwin are joining forces, with the combination resulting in a key software player in specific care segments in the DACH and Benelux regions. The individually strong current offerings will continue to be developed by the respective companies, with significant value added to the joint proposition through mutual reinforcement. The cooperation seeks to address regional differences within various care segments and leverage solutions surrounding commonalities. Combined, approximately 100 employees work from the German, Belgian and Dutch offices.
Bringing products and expertise to respective end-markets
Nick Haasnoot, CEO of Regas, thinks it is a logical step to join forces: “A shared approach, supported by a strong cultural fit, of robust software with creative intelligence and flexibility, will make us even better”. Regas has been a strong player in the Benelux with a key focus on enabling care professionals in their primary processes with the “Best of Breed” concept. Daarwin, on the other hand, has emphasized a “One-Stop Shop” broader suite of tools in running care facilities in order to address their specific client needs in the DACH region. Both our customers and the organizations can benefit from the combination by adding both depth to our product offering as well as enabling dissemination of the experience in several different care markets ranging from youth care to mental care.
For Daarwin, Regas offers similar marked advantages in the new setting, according to director Udo Andresen: “Regas gives us the opportunity to foster stronger growth while effecting strong synergies in product development and expanding our target group of clients throughout the entire market“.
Co-director Reiner Korneffel, highlights the broad scope of intended cooperation: “The benefits and advantages of the mutual proposition will extend to both our clients and employees”.
Focus on products and customer service
The management team of both companies is convinced that a partnership will offer benefits, but that the daily focus must remain on functional and technological superiority of products and customer service. Nick Haasnoot, CEO of Regas: “Regas and Daarwin will act in unison where needed or advantageous to do so in the market, but remain independent. Both companies will cooperate extensively together and customers can be offered a combined portfolio. We can strengthen each other through integration and extension of the joint offering and quality of our current products and services. A key focus for both companies remains striving for excellence in their current domain and serving customers optimally.”
Main Capital has been backing Regas ever since 2013 and supporting the management of Regas in furthering its goals in bringing Regas to a higher level of operation. “Main Capital and Regas management are investing additional capital in Regas in order to finance this acquisition. This is a major step ahead in what has already been a successful strategy and development of Regas.” Charly Zwemstra, Managing Partner of Main Capital said.
Regas provides Electronic Patient file software with flexible workflow solutions, which support the primary processes of care institutions. Professionals work more efficiently , communicate more easily and gain more control. Regas is market leader in the Netherlands in social and shelter services and in mental care in Belgium. Clients are from the care sector and range from mental care to social shelters with increasing emphasis on youth care. Regas works with over 50 professionals from offices in NL, Belgium and Germany. Main Capital has acquired Regas group in August 2013. It’s management has acquired a minority interest. www.regas.nl
Daarwin, founded in 2000, develops and provides administrative and care software and consulting for institutions aimed at care such as ambulatory care, youth care, and assisted living. The company is the market leader in the youth care market in Germany. Daarwin serves over 400 clients and more than 10.000 users through its main product line QM-Center. Daarwin’s clients are located throughout Germany, Switzerland, Austria, and Luxemburg. It employs over 40 people mainly from its headquarters in Flensburg (DE). www.daarwin.de
About Main Capital
Main Capital is a private equity investor with an exclusive focus on the software sector in the Benelux and Germany. Within the sector, it is the most specialized company in management buyouts and later-stage growth capital. Main recently closed its fourth fund on a hard cap of EUR 85 million, which leads to approximately EUR 150 million under management. An experienced team of professionals manages the Private Equity Funds. In the current portfolio of Main Capital are rapidly growing (SaaS) software companies like Ymor, Roxit, OnGuard, Sharewire, SecondFloor, EuroSystems, Sofon Connexys, Regas, ChainPoint, RVC and TPSC. Recently, Main Capital sold its majority stake in VisionWaves to the Swedish listed IFS AB. Earlier this year Zetacom was sold to Gilde Healthcare. In addition, Main realized a successful exit of cloud storage company IASO to the US cloud provider GFI Software in 2013. In 2012 Main Capital sold Tedopres to the listed Finnish player Etteplan and Actuera was sold to Waterland Private Equity. www.main.nl
NOTE for the EDITOR
This message is sent by Regas, Daarwin and Main Capital Partners.