With an ambition to do Nextway the leading European supplier of business-critical Enterprise Content Management, Main Capital Partners (“Main”) has bought a majority stake in the Nextway Software group.
Nextway retains its name and management and continues the growth journey.
The acquisition follows the successful transformation of Nextway to become the partner of choice for insurance and finance organizations that rely on business-critical Enterprise Content Management.
“It is a dream come true for us in the management team. We have valued the time as founder-owned, but we have also recognized that to ensure a future of continued growth, a succession was needed. We are all looking forward to the collaboration with the talented team from Main” – Thomas Hougaard, CEO Nextway Software.
The remaining part is still owned by Nextway’s former owners, who remain invested in the day-to-day management, together with a number of employees.
“As the founder of Nextway — almost 4 decades ago — I am really happy and proud to see my ‘firstborn’ in this new framework with Main. I look forward to following the new developments and feel privileged to be part of Nextway’s future” – Kim Hellum, Founder of Nextway.
Business as usual
From left to right: Thomas Hougaard-Enevoldsen, CEO and Kim Hellum, founder and current CTO
Nextway will continue to serve its many clients in insurance, finance and other industries that value the same virtues, and under the current leadership:
- CEO, Thomas Hougaard-Enevoldsen (DK)
- COO, Raphael Schlegel (CH)
- CTO, Kim Hellum (DK)
- SVP, Insurance Annette Weber (DK)
- SVP, Finance Marcel Ritter (CH)
Chairman of the board Lars Rüger (DK) continues on the board together with representatives from Main.
“The acquisition gives us extra muscle to exploit our potential, both for ourselves and for our customers. All our employees are looking forward to the exciting growth journey, which we now look forward to with more vigor, and later with more new colleagues” – Thomas Hougaard, CEO Nextway Software.
A step with enormous potential
Main is a leading software investor that actively manages investment funds in Northwest Europe and North America. They work closely with management teams in their portfolio to achieve sustainable growth and create larger, outstanding software groups.
With 20 years of experience and 44 platform companies in their active portfolio, they possess in-depth sector knowledge, which Nextway will now benefit from.
“At Main, we welcome the partnership with Nextway and are committed to supporting their journey forward. Nextway’s strong organic growth and strategic vision for international expansion in Northwest Europe positions them for continued success. We see significant opportunities to improve their product offering and explore new markets through a targeted buy-and-build strategy. We look forward to strengthening Nextway’s market position and facilitating their global growth through this partnership” – Jonas Bäckman, Sr. Investment Manager at Main.
Source: it-kanalen.dk
