In a recent development, Main Capital, a strategic investor with an exclusive focus on the software sector in the Benelux, DACH, and Nordics regions, has announced the sale of its majority shareholding in Onguard to Visma.
For the uninitiated, Onguard is a European market leader in cloud-based order-to-cash solutions, providing an end-to-end product suite ranging from solutions for risk management and invoicing to credit management and collections.
With the combination of the core platform and partner products, Onguard provides a flexible, horizontal solution that serves the needs of both small and large enterprises across numerous industries.
Headquartered in Amsterdam, The Netherlands, Onguard employs around 120 people. The company’s global customer base consists of 600+ companies and serves over 30,000+ business users. Key customers include Aon, Schiphol, BMW, and LLOYDS Bank.
Marieke Saeij, CEO of Onguard:
Over the past years, Main Capital supported us in establishing our order-to-cash platform. Becoming part of the Visma group will offer many opportunities for further developing our platform for our customers and our employees. We will be able to continue extending the platform and expanding our footprint in the European market.
Main Capital invested in Onguard with a focus on accelerating organic and inorganic growth. Growth in existing markets was realised successfully through supporting a partner- and reseller ecosystem.
Pieter van Bodegraven (Chairman Supervisory Board Onguard and Partner at Main Capital), said:
During past years, Onguard has evolved from a contender into the absolute market leader in order-to-cash solutions. We see a strong strategic and commercial fit with Visma. But importantly, we believe both companies share common values and culture. We congratulate both Onguard and Visma on this strategic combination.
Main image credits: Main Capital
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