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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.”
This combination establishes a robust foundation for future expansion, allowing us to extend our reach across industries."
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 1,600 customers, for which it processes over 18 million documents on an annual basis.
Founded in 1998 and based in Nieuwkoop, The Netherlands, Inconto is a developer and provider of document processing and Procure-to-Pay software. The company offers a multi-tenant SaaS platform with modular solutions focused on procurement, contract management, and invoice processing. Inconto services a Benelux-based customer base, primarily active in the public, healthcare and hospitality markets.
Read more about other recent acquisitions or mergers within the Main network.