Fraxion Merges with Centreviews under Main Capital Partners

Deal News | May 21, 2025 | Main Capital Partners

Fraxion Merges with Centreviews under Main Capital Partners

In a strategic move, Main Capital Partners has announced a majority investment in Fraxion, a Seattle-based provider of cloud-based procurement and spend management software, along with the add-on acquisition of Centreviews, headquartered in Two Harbors, Minnesota. This consolidation seeks to enhance finance automation capabilities by merging procurement and accounts payable workflows. Both companies serve a diverse clientele, including significant clients like Subaru Research, iHeart Radio, and Delta Airlines, across multiple sectors. This merger solidifies Main Capital's presence in the US market, marking its fourth platform investment since 2022. The firm aims to build an intelligent spend automation platform through a buy-and-build strategy that creates long-term value.

Sectors

  • Financial Software
  • Private Equity

Geography

  • United States – The activity involves US-based companies, Fraxion and Centreviews, with Main Capital Partners expanding its investment portfolio in the US.
  • Netherlands – Main Capital Partners is based in the Netherlands and is expanding its investment strategy in the US market from its Boston office.

Industry

  • Financial Software – The article discusses investments and mergers in the financial-administrative software sector, focusing on streamlining procurement and AP workflows.
  • Private Equity – Main Capital Partners, a private equity firm, is the primary entity making the investment and facilitating the merger described in the article.

Financials

    Participants

    NameRoleTypeDescription
    Main Capital PartnersPrivate Equity FirmCompanyA private equity firm facilitating the investment and merger.
    FraxionTarget CompanyCompanyA cloud-based procurement and spend management software provider.
    CentreviewsAdd-on AcquisitionCompanyA software company providing accounts payable automation solutions.
    Daan VisscherInvestment Director & Co-head North AmericaPersonAn executive at Main Capital Partners discussing the strategic investment.
    Stanton JandrellCEO of FraxionPersonCEO of Fraxion, discussing the strategic direction with Main Capital Partners.
    Joe MeyerCEO at CentreviewsPersonCEO of Centreviews expressing enthusiasm for the merger.