Main Capital Partners closes its latest two buyout funds with €2.4B in commitments: Know more
Summary
The firm attracted around €1B in commitments from new investors, including institutional players like APG (on behalf of ABP), Tecta Invest, and Texas County and District Retirement System. Jorn de Ruijter, Head of Investor Relations and Investment Director at Main, says, “Closing two funds significantly above target and almost double the size of the prior funds in just six months, is a testament to Main’s exceptional track record and close relationship with our LP base.” “We are thankful for the strong and continued support of both our existing and new LPs. Main’s proven model of building larger resilient software groups has enabled us to deliver consistent top-quartile returns to our LPs, and we will do our utmost to continue doing so with these new funds and future funds.” Founded in 2003, Main Capital Partners is a buyout investor in enterprise software that specialises in the lower-middle market. The firm’s activity in 2023 alone included over 40 transactions, with close to 30 exits to date boasting a weighted average return over 4x and a loss rate below 0.5 per cent. Main operates cross-border in approximately 10 product markets like healthtech, govtech, HRtech, and cybersecurity.