Corum Advises Flexagon in Acquisition by Main Capital Partners
July 12 2024 - 12:00PM
Corum announces today that their client, Wisconsin-based Flexagon,
a provider of DevOps solutions for mission-critical industries, has
been acquired by Main Capital Partners. Main Capital partners will
use this acquisition to leverage a selective buy-and-build strategy
that will expedite Flexagon’s growth in the DevOps market.
“We are excited to support this transaction for Flexagon with
Main Capital. The team at Flexagon is on a mission to scale the
business, providing an innovative and feature-rich DevOps platform
to enterprises, focusing on COTS-based eco-systems such as Oracle,
Salesforce, and SAP. This new platform investment will allow
Flexagon to accelerate its go-to-market strategy with a strong
backer in Main Capital. It’s also a great cultural match between
the teams,” said William Hill, SVP at Corum Group.
“The entire team at Corum was instrumental in our successful
transaction,” states Dan Goerdt, CEO of Flexagon. “Their systematic
and broad process, significant technical and industry knowledge,
tenacity and drive were invaluable. They never let up in terms of
their energy, focus and attention during the process and we could
not have had this outcome without their professionalism, skill, and
hard work.”
Corum is the world's leading educator on tech trends,
valuations, growth strategies and Tech M&A. Corum will host a
half-day online workshop, Selling Up Selling Out on July 23, 9 AM
Eastern. Tech CEOs and founders will learn to prepare, position,
research, value, negotiate and execute due diligence for maximum
price and optimal structure in an M&A transaction. To register,
visit www.corumgroup.com/events.
About Corum GroupCorum Group is the global
leader in merger and acquisition services, specializing in serving
sellers of software and related technology companies worldwide.
With offices globally, Corum has completed over 500 software
M&A transactions in nearly 40 years. Corum's M&A advisors
are highly experienced former tech CEOs, supported by
industry-leading researchers, writers and valuators. For more
information, visit www.corumgroup.com.
About FlexagonFlexagon is a leading provider of
DevOps software for complex enterprise technology environments such
as Oracle, SAP, and Salesforce. Flexagon’s DevOps platform,
FlexDeploy, provides a comprehensive and integrated solution which
enhances development speed and productivity, enables continuous
delivery, and optimizes release management processes. FlexDeploy
enables companies to become compliant with software security and
audit requirements and to meet delivery timelines in a
cost-efficient manner. For more information,
visit www.flexagon.com.
About Main Capital PartnersMain Capital
Partners is a leading software investor managing private equity
funds active in Northwestern Europe and North America. Main has 20
years of experience in software investing and works closely with
the management teams in its portfolio as a strategic partner, in
order to achieve profitable growth and larger outstanding software
groups. Main has 70 employees and offices in The Hague, Stockholm,
Düsseldorf, Antwerp and an affiliated office in Boston. Main has
approximately 6 billion euros in assets under management and
currently has an active portfolio of over 46 software companies.
Together, these companies provide about 12,000 employees. Through
the Main Social Institute, Main supports students with grants and
scholarships to study IT and Computer Science at Technical
Universities and Universities of Applied Sciences. For more
information, visit www.maincapitalpartners.com.
Corum Contact:Heidi Owen+1
425-526-3107heidio@corumgroup.com