Dutch private equity house Main Capital has announced the acquisition of Germany-based HR software platform Perbility. The HR company’s software offers clients a user-friendly and fully-integrated suite to help them manage their employee base including recruiting and organisational planning.
Andreas Meck, CEO and founder of Perbility says, “We have been in ongoing contact with the team from Main Capital Partners for several years. Over this time, we have always valued their deep know-how in the software sector, industry contacts, and the general positive spirit regarding our software and business. Together with our new partner, we are set to achieve yet another record-breaking year in 2021 and continue our expansion.”
Everything about Perbility
Founded in 2009, Perbility is a cloud-based provider of modern HR software solutions in the German-speaking region. Helix is the tool of choice that facilitates the daily challenges of HR managers through the use of innovative concepts for modern personnel management.
“Under the motto, “HR and digitisation grow together”, we consistently interpret our own role not only as a software implementer but also attach great importance to professional expertise in the areas of HR and digitisation,” the company said in a statement.
Additionally, the platform includes features assisting users in recruiting, workforce management, and e-learning. The Bamberg-based company has over 70 employees that include psychologists, sociologists, IT-learning, and merchants.
According to the company, its software solutions are used by more than 1,300 companies globally. Currently, Perbility serves clients in the German Cooperative Banks ecosystem, savings banks, as well as municipalities and other governmental institutions.
Industry analysts expect the growing pressure will increase the number of organisations making use of HR software solutions and thus spur the overall market growth in the years to come.
Going forward, Main Capital claims to actively support Perbility and its CEO and founder Andreas Meck in maintaining its strong growth momentum – an average over 25% growth p.a. since 2016 – by further expanding its customer segments and extending the value proposition for its customers.
“In addition, organic growth initiatives, strategic add-on acquisitions will play an important part of the growth strategy to complement the innovative product and services portfolio, further expanding its footprint as well as strengthening its market position,” says Main Capital.
About Main Capital
Main Capital is a strategic software investor with an exclusive focus on the software sector in Benelux, DACH-region, and Scandinavia. Within this sector, it claims to be the most specialised party in management buy-outs and later-stage growth capital for strategic acquisitions.
It has about €1B under management for investments in mature and growing software companies in the Netherlands, DACH-region, and Scandinavia. In addition to HYPE, the current portfolio of Main Capital Partners includes fast-growing software and SaaS companies such as Pointsharp (Identity & Access Management), Textkernel (HR & AI software), MACH AG (E-Government software), WoodWing (marketing automation), Alfa (healthcare), among others.
In another recent development, HYPE, with the support of its management and majority shareholder Main Capital, has acquired HLP, a leading provider of idea management and continuous improvement software. The combination will further strengthen the exceptional market position of HYPE in the continuous improvement software segment.
Established in 1997 with headquarters in Eschborn, HLP is a leading software provider for Betriebliches Vorschlagswesen (Corporate Suggestions) in Germany. On the other hand, founded as DaimlerChrysler spin-off in 2001, HYPE Innovation is a leading software specialist in the fast-growing enterprise innovation software market.