Main Capital Partners acquires a majority stake in Dutch automotive software and data provider VWE Automotive

The partnership marks the start of a new phase of growth for VWE, focused on further investments in (AI-enabled) product and data solutions for its loyal customer base, complemented by a selective buy-and-build strategy.

Founded in 1993 and headquartered in Heerhugowaard, the Netherlands, VWE is a provider of automotive software, data and workflow solutions that support critical processes across the automotive value chain. The company employs approximately 150 full-time employees and serves more than 10,000 customers, primarily in the Netherlands, including universal and independent dealers, leasing companies, insurers, workshops and fleet operators. At the core of VWE’s offering is MijnVWE, a software platform that supports and automates critical processes throughout the vehicle lifecycle, including purchasing, registration, administration, valuation, sales and ownership transfer.

Through its software, data and workflow solutions, VWE has established a strong position within the Dutch automotive ecosystem. As a long-standing RDW information and application provider, VWE combines regulated connectivity with more than 30 years of proprietary vehicle, transaction and customer data.

Main will support VWE and its experienced management team in its next phase of growth by leveraging its expertise in scaling (automotive) software companies. VWE’s growth strategy will focus on accelerating organic growth, further developing its data-driven solutions, and pursuing a targeted international buy-and-build strategy.

Jeffrey Sanya, Investment Director at Main, stated: “VWE has built a strong position in the Dutch automotive ecosystem, underpinned by mission-critical software, proprietary data assets and long-standing customer relationships. Main brings significant experience in the automotive software sector, combined with extensive expertise in international expansion and buy-and-build. We look forward to building on this strong foundation with the VWE team and supporting them in their next phase of growth.”

Piet Renses, CEO of VWE Automotive, added: “Main has a deep understanding of both the software sector and the automotive value chain and shares our ambition to support customers with increasingly integrated software and data-driven solutions. We look forward to building on our strong market position together with Main and further developing VWE into a leading European automotive software and data platform.”

Completion of the transaction remains subject to customary closing conditions, including approval by the Netherlands Authority for Consumers and Markets (ACM).

Nothing contained in this Press Release is intended to project, predict, guarantee, or forecast the future performance of any investment. This Press Release is for information purposes only and is not investment advice or an offer to buy or sell any securities or to invest in any funds or other investment vehicles managed by Main Capital Partners or any other person.