Sale of BCS to Main Capital

Sector(s)
TMT
Deal type
Sell your business / Buyout / MBO
Date
April 2022
Countries involved
Benelux

Client

BCS has 40 years of experience in providing core HR and payroll software solutions and services. The company has an extensive product offering which includes solutions for salary administration, employee benefits, hour registration, workflow management and personnel planning

Deal

Capitalmind has advised the shareholders of BCS on the sale to Main

Parties

Lead team

  • Bart Jonkman

    Bart Jonkman

    Managing Partner Benelux
  • Ron Belt

    Ron Belt

    Managing Partner Benelux

About the deal

BCS, a leading Human Resource Management and payroll software provider was sold to Main Capital Partners plus BCS management. With the support of Main, BCS aims to further expand its strong position in the Human Capital Management market throughout the Benelux.

BCS is a Dutch SaaS provider of HR and payroll software and services solutions, owned by Bas Praagman and Ruben van Aarle and Ramon van Aarle (also owners of Taxperience). BCS has more than 40 years of experience and has an extensive product offering which includes solutions for salary administration, employee benefits, hour registration, workflow management and personnel planning, as well as integrated HR software solutions. The solutions are served to over 2,300 clients within the Dutch market.

Main Capital Partners is a leading software investor in the Benelux, DACH and the Nordics. Main has almost 20 years of experience in strengthening software companies and works closely together with management teams of its portfolio companies as a strategic partner.

What we did

Capitalmind advised the shareholders of BCS throughout the sell-side process, with:

  • Drafting info & marketing materials;
  • Screening and selection of worldwide strategic and financial buyers through a competitive process;
  • Managing price negotiations;
  • Handling due diligence;
  • Coordinating legal documentation phase.