Main announces majority investment in Document Creation & Management provider Omnidocs

  • 19-01-2024
  • Press release
Main acquires a majority stake in leading Smart Document Creation & Management provider Omnidocs, a Danish company with global presence.

Moving forward, Main will act as a strategic partner to the management team, supporting Omnidocs in its growth journey. By pursuing a selective buy-and-build strategy, Omnidocs has the potential to further internationalize and become the market leader within the European and American broader Enterprise Information Management software space delivering best-in-class solutions towards several different verticals.

Omnidocs is a Danish Enterprise Information Management (EIM) software provider delivering smart document management, automation and content creation solutions to different organizations across the globe. Omnidocs also provides advisory services to support their customers in their document creation journey. The software integrates with other enterprise applications and consists of document automation, productivity tools, accessibility solutions and more. Today, Omnidocs services 300 SaaS customers and more than two million users globally, of which the majority are multi-national enterprises and public sector organizations.

Attractive product market and international scalability
The primary motivations of the strategic acquisition with Omnidocs include the attractive product market as well as its international scalability. Smart Document Creation & Mangement is a sub-category of the Enterprise Information Management market that automatically streamlines content generation and management, enhancing efficiency and compliance throughout the document lifecycle. The Enterprise Information Management market is experiencing solid growth, which is expected to persist as there is an increasing interest in unified solutions to streamline content and information across organizations. Furthermore, Omnidocs is active within several attractive verticals and have a blue-chip customer base including multinational enterprises, including several Fortune 500 companies and Big Five accounting firms.

Moreover, Omnidocs has built a modular product portfolio based on a multi-tenant architecture tailored for different productivity and accessibility requirements, already achieving over half of revenues outside its home market Denmark, and which is positioned for further international expansion. Large organizations report saving time and resources by automating and streamlining their document creation with Omnidocs’ user-friendly products and integrations. We see ample opportunity in leveraging the internationally scalable platform together with Main’s experience and network from supporting companies in growing internationally both organically as well as through strategic add-on acquisitions. Omnidocs’ experienced management team will retain a significant minority stake and stay closely involved post-closing. The company aims to further expand in Northwestern Europe as well as in Northern America, utilizing existing and new partnership channels as a key component in this growth journey.

Jeppe Schytte-Hansen, CEO, Co-founder, Omnidocs: “It has been crucial for me and Omnidocs to find a partner with not only financial strength but also market insight and domain expertise. I have spent some time looking for the perfect partner, one that I could see would be a structural, cultural, and financial match for our organization, strategy, and vision. We have found that we have a good alignment with Main Capital Partners and we have also experienced that Main has their hearts and focus in the right place. We are extremely excited about the perspectives of this collaboration”.

Wessel Ploegmakers, Partner & Head of Nordics at Main Capital Partners, concludes: “We are proud to join forces with the leading Smart Document Creation & Management provider, Omnidocs. Main is committed to being a strategic partner, working hand in hand with the Omnidocs management team to support them in their continued growth journey. Omnidocs’ selective buy-and-build strategy positions it as a potential leader in the European and American Enterprise Information Management software space, offering cutting-edge solutions across diverse verticals.”

We are proud to join forces with the leading Smart Document Creation & Management provider, Omnidocs.

- Wessel Ploegmakers, Partner & Head of Nordics at Main Capital Partners

About

Omnidocs

Omnidocs was founded in 2004 in Copenhagen, Denmark. The company delivers multi-tenant software solutions for documentation management, automation and content creation to multi-national enterprises and public sector organizations globally. The software integrates with other enterprise applications and consists of document automation, accessibility products as well as productivity tools. In addition, the company provides added value to its customers through consultancy services. Today, the company employs over 80 people, primarily based at the HQ in Copenhagen, Denmark.

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Esmée Knijff

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