procilon Group Secures Growth with Main Capital Partners Investment
Deal News | Dec 12, 2024 | Main Capital Partners
Main Capital Partners has acquired procilon Group, a German-based provider of secure communication and digital signature software, to support its next growth phase through organic and inorganic initiatives. This marks the fourth platform investment for Main from its new fund, MC VIII. procilon, founded in 2001, has built a significant presence in regulated markets such as utilities, healthcare, and the public sector by offering a comprehensive software suite. The collaboration aims to strengthen procilon’s position in the cybersecurity space amidst increasing market demands and tie-ups with public and private sectors. Main Capital Partners, with a strong track record of scaling software companies and deep expertise in regulated markets and cybersecurity, will support procilon’s growth, leveraging its experience to enhance product offerings and expand internationally.
Sectors
- Cybersecurity
- Software Development
- Private Equity
Geography
- Germany – procilon Group is based in Germany, and both Main Capital Partners and Harald Quandt Industriebeteiligungen have significant operations and investments in German-speaking regions.
Industry
- Cybersecurity – procilon Group operates in the cybersecurity industry by providing secure communication and digital signature software to a variety of sectors.
- Software Development – procilon Group develops software solutions for secure communication and digital identification, catering primarily to regulatory-driven industries.
- Private Equity – Main Capital Partners and Harald Quandt Industriebeteiligungen operate within the private equity industry, investing in companies with growth potential.
Financials
- 4th platform investment – This acquisition marks the 4th platform investment for Main Capital Partners from its new fund MC VIII.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Main Capital Partners | Buyer | Company | A private equity firm investing in software companies to drive growth through strategic initiatives. |
| procilon Group | Target Company | Company | A German provider of secure communication and digital signature software for public, private, and regulatory sectors. |
| Harald Quandt Industriebeteiligungen | Selling Company | Company | An investment company owned by the Harald Quandt family, focusing on investing in technologically advanced sectors in German-speaking countries. |
| Dirk Czepluch | CEO | Person | CEO of procilon Group. |
| Gregor Harald May | Managing Partner | Person | Managing Partner at Harald Quandt Industriebeteiligungen. |
| Sven van Berge | Managing Partner and Head of DACH | Person | Managing Partner at Main Capital Partners. |