Omnidocs and Xential join forces with the support of Main Capital Partners

The combination results in a European Document Powerhouse with presence across multiple end-markets and verticals, offering a diversified and modern product offering. Main Capital Partners holds a majority stake in both Omnidocs and Xential and will remain the majority shareholder after the transaction, where Xential will become a part of the Omnidocs Group. Main is actively seeking strategic combinations to build larger software groups and an additional major combination in the DACH-region will be announced as of next week.

Omnidocs, a Danish provider specializing in document automation and generation solutions, delivers integrated software to enhance productivity and compliance for public sector organizations and and other regulated industries, including several multinational enterprises across the globe. The software integrates seamlessly with other enterprise applications and consists of document generation, automation and accessibility products as well as productivity modules. Omnidocs partnered with Main in January 2024. In April 2024, Omnidocs realized the first add-acquisition of Danish document creation software provider Dania Software to facilitate a leading position in the Nordics market while expanding the product suite and market reach within the public domain of document creation.

Xential is a leading Document Creation & Collaboration player within the Benelux and DACH regions, focused on providing public sector clients with a range of templating and document collaboration tools. Xential partnered up with Main in July 2023. In July 2024, Xential closed its first add-on acquisition being Dutch productivity tool provider Eformity.

Creating a European Document Powerhouse
This combination reinforces Main’s commitment to creating larger industry-leading international software groups within core product markets. By uniting complementary strengths, Main drives strategic growth, expands the market presence, and helps deliver enhanced value to customers for its portfolio companies. This approach reflects Main’s vision to develop robust software ecosystems, fostering innovation and operational excellence across borders. The combination between Omnidocs and Xential creates a European powerhouse within the Document generation domain, with the ability to deliver quality, accuracy and reliability within the public sector and other regulated industries to companies that care about their document output. Both businesses have built up a strong position within their respective domains and the combination creates a strong combined product offering well positioned for future growth in the public as well as the private sectors. Collectively, the Omnidocs Group of about 136 FTE will serve more than 800 software customers in Europe and the U.S., including PwC, De Rechtsspraak, Arcadis.

Ruud Vos, CEO & Founder of Xential: “Omnidocs is an excellent strategic and cultural match for Xential. Our combined strengths and resources will greatly enhance our document creation value proposition, offering an even greater value-add to our customers. The Xential management team is very much looking forward to being part of this success story going forward.”

Jeppe Schytte-Hansen, CEO & Co-founder of Omnidocs: “We are thrilled to have Xential joining Omnidocs. This combination is a very good fit in our buy-and-build strategy. I am particularly looking forward to the collaboration between teams and I believe we have found a good match in cultural values. We welcome the team from Xential, and I am convinced that it will accelerate our combined growth, our relevance for our clients and presence in both the Nordic countries, Benelux and DACH from where we can serve our clients across Northern Europe and Northeast US. We are now 155 employees that cares a lot about document generation and productivity at work for our more than 3 million daily users.”

Wessel Ploegmakers, Partner & Head of Nordics at Main Capital Partners, concludes: “The combination of Omnidocs and Xential marks a milestone in the growth strategy of both organizations. We strongly believe in establishing collaborations with driven entrepreneurs to accelerate innovation for the benefit of their clients. Over the past 20 years, this has been a key value driver for Main Capital in the successful organic and buy-and-build growth strategies we have executed together with our business partners. With Omnidocs and Xential, we combine two organizations that are both renowned for their innovativeness and expertise within Document Creation & Automation, resulting in a strong foundation for additional global expansion. The combination underlines our strategy to build leading international software groups in one of our core product-markets.”