Main Capital carves out Exxellence and SMQ from Kune
Main Capital has acquired a majority stake in Exxellence and SMQ, formerly part of the Kune Group.
The two companies will form the Exxellence Groep. The GP intends to support the new group in further developing its product portfolio and expanding its customer base.
Main has approximately €1bn in assets under management for investments in mature and growing software companies. Its current portfolio includes software and SaaS companies such as Optimizers, Assessio, GBtec, Onventis, HYPE Innovation, Cleversoft, Enovation, SDB Group and MUIS Software.
Company
Exxellence and SMQ provide software management system and CRM for public organisations. The two companies employ around 100 staff and serve 120 customers throughout the Netherlands, ranging from municipalities and water boards to housing corporations and healthcare institutions.
Their client base includes the municipality of Utrecht, the municipal tax office of Twente and the municipality of Tilburg.
People
Main Capital - Charly Zwemstra (managing partner).
Exxellence - Michel Veenhuis (director).
SMQ - Harco Wesselink (director).
Latest News
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Czech Republic-headquartered family office is targeting DACH and CEE region deals
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Ex-Rocket Internet leader Bettina Curtze joins Swiss VC firm as partner and CFO
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Estonia-registered VC could bolster LP base with fresh capital from funds-of-funds or pension funds









