Whitevision expands into e-procurement and contract management automation through the acquisition of Inconto

Inconto marks the first step in the buy-and-build strategy of Whitevision since partnering with strategic software investor Main Capital Partners in August 2024.

Inconto, established in 1998 and headquartered in Nieuwkoop, The Netherlands, is a developer and provider of document processing and Procure-to-Pay solutions. The company provides its products via a multi-tenant SaaS platform with various modular solutions. Inconto services a Benelux-based customer base, primarily active in the public, healthcare and hospitality verticals.

Building a leading Intelligent Document Processing player

With the addition of Inconto, Whitevision significantly enhances its offering in Intelligent Document Processing and the Procure-to-Pay value chain. Inconto adds highly complementary contract management automation and e-procurement solutions to the group. Additionally, the combination of Inconto and Whitevision will lead to a more diversified customer base across various industries; Whitevision will play a crucial role in Inconto’s expansion and growth in document-heavy verticals such as the construction industry.

Frank de Wit, Chief Executive Officer and Founder of Whitevision, is excited to join forces with the Inconto team and is looking forward to the collaboration: “Inconto is a perfect strategic and cultural match for Whitevision. Both organizations share a commitment to innovation and a deep understanding of our customers’ needs. Inconto’s robust contract management and e-procurement solutions align perfectly with what our customers are looking for, and we believe this combination will drive even stronger commercial success across various industries.”

Sjoerd Aarts, Managing Partner at Main Capital Partners and Chairman of the Supervisory Board of Whitevision, concludes: “We are focused on creating partnerships that drive innovation and deliver exceptional value to our clients. This approach has been a key driver of our success in both organic growth and strategic acquisitions. Via the acquisition of Inconto by Whitevision, we are combining two organizations recognized for their strengths in Intelligent Document Processing and the Procure-to-Pay value chain. This combination establishes a robust foundation for future expansion, allowing us to extend our reach across industries.”