- TimePlan is a verticalised workforce management software vendor
- Main Capital will support TimePlan in maintaining the growth momentum by further expanding into adjacent customer segments
- TimePlan serves more than 240 clients and is used in 26 countries throughout Europe
Main Capital Partners announced the acquisition of a majority stake in TimePlan Software, a provider of workforce management software.
Aalborg, Denmark-based TimePlan is a verticalised workforce management software vendor. The software is modular by design, which according to TimePlan, ensures that the needs of a business are met precisely.
TimePlan serves more than 240 clients and is used in 26 countries throughout Europe. The client base includes JYSK, Salling Group, Merlin Entertainment Group, IKEA and Bauhaus, among others.
Main Capital plans to support TimePlan in maintaining its growth momentum by further expanding into adjacent customer segments and broadening the offering to its customers. According to Main, strategic add-on acquisitions will be “an important pillar” of the growth strategy.
“Increasing complexity of labour regulations, evolving and the need to accurately forecast and plan the workforce is an ongoing struggle for many large companies,” said Wessel Ploegmakers, partner at Main Capital Partners. “We see that TimePlan has built a powerful yet flexible solution to support leading industry players in their respective segments. We look forward to the opportunity to collaborate with the management team of TimePlan to build out this leading position in Europe by expanding and developing the product offering both organically and by acquisitions.”
Main Capital Partners, headquartered in The Hague, Netherlands, is a software investor in the Benelux, DACH and the Nordics.