
Main Capital sells Regas to BID Equity
Main Capital Partners has sold its majority stake in Dutch software-as-a-service healthcare company Regas to Germany-based BID Equity for an undisclosed sum.
BID Equity is a private equity firm specialising in software and technology businesses in Europe.
The deal took place at the end of last year and was the third exit for Main Capital in 2017, having also realised investments in Connexys and EuroSystems.
Previous funding
Main Capital acquired a majority stake in the company via its Main Capital III fund in 2013. Main Capital III is a software-focused fund that seeks to invest in the Benelux region, making investments of €2–6.5m.
With Main Capital's backing, in 2015 the company was able to bolt on German healthcare-focused administrative software provider Daarwin. The two companies combined had 100 employees at the time.
Company
Founded in 1997, Regas is a provider of social care software-as-a-service in the Benelux and DACH regions, offering monitoring software in the social services, youth care and mental care industries. The company has 600 customers across the Netherlands, Belgium, Luxembourg, Germany, Austria and Switzerland. The business has headquarters in Woerden.
People
Regas – Nick Haasnoot (CEO).
Main Capital – Charly Zwemstra (managing partner).
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