Main Capital Partners, a notable software investor, has recently announced a majority investment in cisbox, a Solingen, Germany-based provider of Procure-to-Pay (P2P) software solutions. This strategic move is aimed at boosting cisbox’s growth through both organic developments and strategic acquisitions, marking the software investor’s second significant investment in the DACH region in 2024 to foster innovation in the B2B software sector.
Dorian Berndt, Investment Director at MCP, expressed enthusiasm about the partnership, citing cisbox’s impressive growth momentum and its strong position in the P2P software market. With recurring revenues growing at a CAGR of over 20% and the potential for further growth driven by regulatory changes like e-Invoicing and Peppol, the dutch Investment firm sees a bright future for cisbox.
Pioneering P2P Software Solutions
Founded in 2005, cisbox has established itself as a pioneer in the P2P software space in Germany. The company specializes in cloud- and AI-based software solutions designed to optimize and streamline P2P processes across various industries. Sebastian Mehrle, Founder and MD highlighted the company’s commitment to innovation and its role in driving digital transformation in response to regulatory requirements and market demands.
With operations in Solingen and Ho-Chi-Minh City, Vietnam, the software company from Germany has carved out a strong market position, particularly in the services, healthcare, and hospitality sectors. The company serves over 1,000 customers and is a certified Peppol Access Service Provider, offering a comprehensive suite of services that cover the entire Accounts Payables workflow.
Strategic Growth and Expansion
The founders of the P2P Software company, Stephan Kern and Sebastian Mehrle, will continue their involvement with the company, reinvesting and collaborating with Main Capital Partners during the next phase of growth. Their support will focus on international expansion and enhancing customer value, with strategic acquisitions identified as a key component of strengthening cisbox’s product portfolio and market position.
Stephan Kern expressed excitement about the partnership, emphasizing the opportunity to access new markets and integrate new functionalities into their solutions. This collaboration is expected to bring innovative features to existing customers and expand the company’s reach.
About Main Capital Partners
MCP brings 20 years of experience in investing in the software sector across the DACH region, Benelux, the Nordics, and the US. With over €2.2 billion in assets under management and an active portfolio of more than 40 software groups, the investment firm works closely with management teams to achieve sustainable growth, employing over 12,000 people globally.