VOQUZ Labs Acquired by Main Capital Partners
Deal News | Mar 28, 2025 | Main Capital Partners
Main Capital Partners has announced its acquisition of VOQUZ Labs AG, a German company that specializes in SAP license management and IT spend optimization software. The deal represents Main Capital's seventh platform investment for its fund, Main Foundation II, which launched in April 2024. The acquisition is set to close by the end of April 2025, with Main Capital acquiring a 95.3% stake for a value in the lower double-digit millions. VOQUZ Labs is renowned for its tools that automate SAP license management, thus helping enterprises to ensure compliance and achieve cost savings. The company will maintain its strategic support in S/4HANA migration, positioning itself as a leader in the SAP licensing arena with over 230 global clients. Main Capital Partner’s strong track record in scaling B2B software companies is expected to bolster VOQUZ Labs’s growth through both organic and inorganic initiatives, enhancing its international presence and product offerings.
Sectors
- Software Development
- Private Equity
- Information Technology Services
Geography
- Germany – VOQUZ Labs AG is headquartered in Berlin, Germany, and the acquisition by Main Capital Partners is relevant to the German market.
- Europe – Main Capital Partners and VOQUZ Labs have a substantial presence in Europe, and their operations pertain to this geographical area.
Industry
- Software Development – VOQUZ Labs operates in the software development industry, providing specialized SAP license management and IT spend optimization software.
- Private Equity – Main Capital Partners is a private equity firm that invests in software companies, as demonstrated by their acquisition of VOQUZ Labs.
- Information Technology Services – VOQUZ Labs is involved in IT services by providing solutions for SAP license management and optimization, assisting organizations in managing their IT financial governance effectively.
Financials
- Lower double-digit million range – The valuation of VOQUZ Labs AG in the acquisition by Main Capital Partners.
- 95.3% stake – The percentage of VOQUZ Labs AG shares acquired by Main Capital Partners.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Main Capital Partners | Acquirer | Company | A private equity firm specialized in investing in B2B software companies. |
| VOQUZ Labs AG | Target Company | Company | A German provider of SAP license management and IT spend optimization software. |
| Martin Kögel | CEO of VOQUZ | Person | CEO of VOQUZ Labs AG, responsible for leading the company through the partnership with Main Capital Partners. |
| Sven van Berge | Managing Partner and Head of DACH at Main Capital Partners | Person | A leading figure at Main Capital Partners, contributing strategic insights to the acquisition of VOQUZ Labs AG. |