This transaction marks the fourth step in Whitevision’s buy-and-build strategy and the company’s first move into the UK since partnering with Main Capital Partners in August 2024.
Founded in 2011 and headquartered in Milton Keynes (UK), Document Logistix specializes in automating key document workflows, including Accounts Payable and HR processes. Document Logistix has a dominant position in the logistics, education, real estate, and professional services industries. Its customers are located in the UK and the US; notable examples include DHL, the University of Oxford, and the Texas Department of Public Safety.
Through the combination with Document Logistix, Whitevision expands into the UK and US markets with its comprehensive document automation offering. Integrating Whitevision’s end-to-end Intelligent Document Processing offering with Document Logistix’s best-in-class document management and automation suite is expected to unlock significant cross-selling opportunities across the installed base of both companies, further accelerating growth for both organizations.
This acquisition represents a significant strategic step for Whitevision; accelerating its international growth and laying the foundation for future expansion."
Sjoerd Aarts, Managing Partner at Main & Chairman of Whitevision’s Supervisory Board: “This acquisition represents a significant strategic step for Whitevision; accelerating its international growth and laying the foundation for future expansion. This transaction supports Whitevision’s entry into the UK market, in alignment with the opening of our office in the UK later this year. This combination reflects our commitment to creating leading international software groups through targeted buy-and-build initiatives.”
Frank de Wit, CEO & Founder of Whitevision: “The acquisition of Document Logistix is a pivotal moment for Whitevision. The combination further strengthens our Intelligent Document Processing and Document Management capabilities and marks our entry into the US and UK markets. This step accelerates our ambition to become a leading international player in document automation and workflow solutions.”
Dan Wajzner, Managing Director of Document Logistix: “Joining forces with Whitevision creates exciting opportunities for our customers and our team. Together, we can deliver a broader, more innovative product suite while leveraging our combined expertise to drive growth across multiple geographies.”
Document Logistix is a provider of document management and workflow automation software, enabling organizations to digitize, manage and automate business-critical information. Founded in 2011, the company is headquartered in Milton Keynes (UK) and serves a customer base primarily in the UK and the US. Document Logistix serves customers across multiple industries, including logistics, manufacturing, education, public sector, and financial services. Its solutions help organizations improve operational efficiency, reduce manual processes, and ensure regulatory compliance, while integrating seamlessly with existing IT landscapes.
Whitevision, founded in 2005 and based in Breda (The Netherlands), is a developer and provider of software solutions to process documents in a digital and efficient manner. With its software, Whitevision helps its customers attain significant efficiencies through workflow automation related to the invoice booking process. The company is active in many different verticals but is a particularly prominent player in the construction & installation, professional services, technology, logistics and the automotive sectors. In total, the company serves over 2,250 customers, for which it processes over 30 million documents on an annual basis.
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.
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