Whitevision Solidifies IDP Offering with Factuurportal Acquisition
Deal News | Apr 15, 2025 | Main Capital Partners
Whitevision, under the guidance of Main Capital Partners, has announced the acquisition of Factuurportal, a company specializing in Intelligent Document Processing (IDP) software. Founded in 2018 and based in Rotterdam, Factuurportal offers AI-based solutions for automating document processing. This acquisition aligns with Whitevision's strategy to strengthen its IDP offerings and secure its market position in the Benelux with plans for international expansion. The move follows Whitevision's ongoing buy-and-build strategy since its partnership with Main Capital Partners in 2024. Both companies aim to leverage their combined strengths to become leading providers in the IDP sector, which is experiencing rapid growth due to digitalization and process automation trends. Key figures involved in the acquisition include Frank de Wit of Whitevision and Rob Klaver of Factuurportal, as well as Sjoerd Aarts of Main Capital Partners.
Sectors
- Software Development
- Financial Services - Venture Capital and Private Equity
Geography
- Benelux – Key operations and customer bases of both Whitevision and Factuurportal are located primarily within the Benelux region.
- The Netherlands – Both Factuurportal and Whitevision are headquartered in The Netherlands, making it a focal point of the acquisition.
Industry
- Software Development – The article discusses the acquisition of a company providing AI-based software solutions for document processing, positioning this within the software development industry.
- Financial Services - Venture Capital and Private Equity – Main Capital Partners, a private equity firm, is highlighted as supporting Whitevision's acquisition, fitting the financial services industry.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Whitevision | Acquiring Company | Company | A software provider for document processing, based in Breda, The Netherlands. |
| Factuurportal | Target Company | Company | AI-based software provider specializing in document processing, located in Rotterdam, The Netherlands. |
| Main Capital Partners | Private Equity Firm | Company | The PE firm partnering with Whitevision to drive its buy-and-build strategy. |
| Sjoerd Aarts | Managing Partner & Head of Benelux | Person | Involved from Main Capital Partners, overseeing the acquisition strategy. |
| Frank de Wit | Chief Executive Officer & Founder | Person | CEO of Whitevision, leading the acquisition. |
| Rob Klaver | Chief Executive Officer | Person | CEO of Factuurportal, involved in the acquisition. |