Main will support buchner to further expand its fast-growing software business and accomplish the company’s mission of facilitating practice organization and thus freeing up more resources available for therapy.
Founded in 1991 in Kiel, Germany, by Ralf Buchner, buchner employs c. 160 employees and caters c. 45,000 physiotherapists, occupational therapists, speech therapists, podiatrists and other healthcare professionals. Through its innovative software offering, buchner helps therapists in digitizing key processes in their practice management. buchner’s software solutions thereby help improving efficiency and decreasing the complexity of managing therapists’ day-to-day operations. Key functionalities include patient and prescription management, invoicing, BI, calendar and workforce management. Among its clients are Hanse Therapie and IBKM.
The experienced management team around Ralf Buchner retains a significant minority stake in the company and will work closely together with Main in the company’s next growth phase. The envisioned growth strategy will put at the core buchner’s software offering and customer centricity. In addition, buchner will remain the ‘trusted partner’ for therapists in navigating industry complexities and assist customers in seamlessly adapting to a continuously evolving regulatory environment. The strategic roadmap also includes a dedicated buy-and-build strategy focused on selectively enriching the product and services portfolio as well as entering adjacent customer verticals.
Ralf Buchner, Founder and CEO of Buchner & Partner GmbH, commented: “We are delighted to join forces with Main and are confident that this partnership will support us in maintaining and improving our market position as the go-to partner when it comes to practice management for general therapists. Together with Main, we will continue to put our customers in the center of our strategy by innovating our products and helping our customers to navigate through the daily challenges of being a general therapist.”
Dorian Berndt, Investment Director at Main Capital Partners, concluded: “We are excited about the partnership with buchner and spearheading the company’s next growth phase together with the management team. buchner is a household name for general therapists in Germany and well-positioned to benefit significantly from the ongoing digitization. In particular, we are impressed by the company’s recurring software revenue growth of well north of 20% for years, the management team’s ambition and strong dedication to customers. Going-forward, we see various growth avenues, which will include – next to organic growth initiatives – also strategic acquisitions to improve the customer value proposition and enter adjacent customer verticals.”
We are excited about the partnership with buchner and spearheading the company’s next growth phase together with the management team.
buchner & Partner GmbH was founded in 1991 as a pure form mailing service for therapeutic practices by Ralf Buchner in Kiel, Germany. buchner serves over 45,000 customers, which are comprised of healthcare therapists, physiotherapy-, ergotherapy-, logopedic practices and other cure providers. Among their clients are Hanse Therapie and IBKM. Buchner’s software includes practice management functionalities like invoicing, patient documentation, calendars, and workforce management. Besides its software, the company hosts seminars, provides consulting services, and runs a web shop.
Read more about other recent acquisitions or mergers within the Main network.