Main Capital makes third platform deal in January with Buchner

Buchner is a software provider for general therapists in Germany.

  • Ralf Buchner will retain a minority stake in the company
  • Main is a software investor in the DACH, Benelux, the Nordics, and the US
  • Buchner is based in Kiel, Germany

Main Capital Partners has made a majority investment in Buchner, a software provider for general therapists in Germany.

Kiel, Germany-based Buchner has around 160 employees and caters around 45,000 physiotherapists, occupational therapists, speech therapists, podiatrists and other healthcare professionals. It helps therapists in digitising key processes in their practice management.

Ralf Buchner will retain a minority stake in the company.

Main will support Buchner to expand its software business and accomplish the company’s plan of facilitating practice organisation and freeing up more resources available for therapy, according to a release.

“Buchner is a household name for general therapists in Germany and well-positioned to benefit significantly from the ongoing digitisation,” said Dorian Berndt, investment director at Main. “In particular, we are impressed by the company’s recurring software revenue growth of well north of 20 percent for years, the management team’s ambition and strong dedication to customers.”

“Going-forward, we see various growth avenues, which will include – next to organic growth initiatives – also strategic acquisitions to improve the customer value proposition and enter adjacent customer verticals,” Berndt added.

Buchner is Main’s third platform investment in January. The other two investments are its acquisition of a majority stake in Omnidocs and the merger of Foconis, pdv and van den berg to form new financial and banking software group Foconis.

Main is a software investor in the DACH, Benelux, the Nordics, and the US. It has offices in the Hague, Düsseldorf, Stockholm, Antwerp, and Boston. The firm has over €2.2 billion of assets.