- Main Capital invested in Assessio in 2019
- Main is a software investor in the Benelux, DACH and Nordic regions, and in the US
- Pollen Street is a European financial services investor
Main Capital Partners will sell Assessio, an e-assessment company that provides digital services for recruitment and development, to Pollen Street Capital.
No financial details of the transaction were disclosed.
Assessio is headquartered in Stockholm, Sweden.
Assessio’s revenues more than doubled during Main’s investment period, according to a release.
Main Capital made its strategic investment in Assessio in 2019. Charly Zwemstra, founder and managing partner at Main, told PE Hub Europe that the firm was working on two ‘record’ exits in H2.
“Since our partnership in 2019, we have seen significant growth, claiming market leading positions in the Benelux and Nordics regions as well almost tripling in size and profitability,” said Wessel Ploegmakers, partner at Main Capital. “Through organic growth and a selective buy-and-build strategy, the HR-software provider for talent assessment has emerged as a prominent player in Northern Europe.”
Main supported Assessio’s growth trajectory, including strategic acquisitions that enhanced its product portfolio and market presence, the release added.
The firm also backed Assessio’s acquisition of HFMTalentindex and Eelloo from the Netherlands and People Test Systems from Denmark.
Main is a software investor in the Benelux, DACH and Nordic regions, and in the US. Based in the Hague, it has more than €2.2 billion in assets under management.
Pollen Street is a European financial services investor with £3.4 billion ($4.3 billion; €3.9 billion) of assets under management. The firm is based in London.