WoodWing strengthens its Enterprise Information Management position through a strategic combination with Expansion, supported by Main
Zaandam, Netherlands, June 15th, 2021
WoodWing, a leader in delivering Content Orchestration solutions and services globally, has reached an agreement with Expansion to join the WoodWing Group. Together with the previous acquisition of Scienta, the newly established business combination allows the WoodWing Group to enrich its Enterprise Information Management offering with document management and archiving capabilities, while allowing Expansion to scale its Xtendis platform internationally.
Expansion delivers the Xtendis SaaS platform, an information management platform which is used to safely store and organize business-critical content, and make it easily accessible. Xtendis connects and integrates with almost every primary business application. It is used in, for example, digital client or employee files, managing financial statements, invoice processing and quality or record management. Expansion is headquartered in Rotterdam (the Netherlands) and services 250+ customers, mainly in financial services, industry, wholesale, education, healthcare, and logistics.
Both WoodWing and Expansion sit at the heart of content processes of organizations, making content and information accessible across teams and throughout the organization and distributing it in an efficient and secure way. This strategic combination allows the WoodWing Group to diversify its value proposition into new business areas in a way that complements its existing proposition. Furthermore, Expansion’s dominant position in the Dutch market can be expanded through WoodWing’s global presence and reselling partner network.
Ross Paterson, CEO of WoodWing: “We are thrilled to welcome our new colleagues, customers and partners to the WoodWing family. With the addition of Expansion, WoodWing Group enriches its product portfolio with additional cloud-based content management capabilities giving us a stronger position in the Enterprise Information Management market. After adding Scienta’s content management and knowledge sharing capabilities to the group earlier this year, we see the addition of Expansion as a great next strategic step in further building an international leading Content Orchestration player.”
Johan Blank, Founder/CEO of Expansion: “Spread our wings and fly away” will be the next step for Expansion. We are really looking forward to work with the people from WoodWing and their international ecosystem to expand the use of the Xtendis platform into the rest of Europe and the United States. Being part of the WoodWing family will also enable us to offer broader solutions to our current and future customers.”
Key management of Expansion will stay on board and will hold an equity stake in the business combination.
WoodWing Software helps brands, publishers, and agencies create and manage content across teams and publish across channels. We build solutions suitable for large teams to efficiently work together on creative processes, within systems that are easy to manage. Customers include Hearst, Forbes, Axel Springer, Coca Cola European Partners, and Yamaha. To find out more, visit www.woodwing.com, or contact us.
Expansion specializes in Enterprise Information, Content & Document Management. Regardless of time and place, you have direct access to all relevant documents and other types of company information. The strength of our standard SaaS platform Xtendis lies in its simplicity and unprecedented performance in managing large numbers of documents. Customers include leading organizations such as ABN AMRO, Albert Heijn, Heineken and ICS. To find out more, visit expansion.nl, or contact us.
Main Capital is a strategic investor with an exclusive focus on the software sector in the Benelux, DACH and Nordics. Main has a long-term horizon around successful partnerships with management teams, with the aim of building larger software groups together. Main has approximately € 1 billion in assets under management for investments in mature and growing software companies. Within the software sector, Main is the most specialized player in management buyouts and later-stage growth capital for acquisitions. An experienced team of professionals manages these strategic investment funds from offices in The Hague, Düsseldorf and Stockholm.
Main Capital’s current portfolio includes fast growing software and SaaS-software companies such as FOCONIS (DACH, financial services software), Relyon (NL, fieldservice management), Perbility (DACH, HR software), Pointsharp (SE, Security Software) MACH AG (DACH, government software), Textkernel (NL, HR software), Exxellence (NL, government software), WoodWing (NL, ECM/DAM software), Alfa (SE, healthcare/government software), Optimizers (NL, SCM software), Assessio (SE, HR software), GBTEC (DACH, BPM/GRC software), Onventis (DACH, procurement software), HYPE Innovation (DACH, innovation management software), cleversoft (DACH, RegTech), Enovation (NL, healthcare software), SDB Group (NL, healthcare HR software), Jobrouter (DACH, BPM/WFM software), GOconnectIT (NL, GIS/FSM software), Inergy (NL, BI software), KING Software (NL, ERP/accounting software), Artegic (DACH, marketing software), OBI4wan (NL, social media monitoring software), b + m Informatik (DACH financial services software), ChainPoint (NL, SCM software) and Sofon (NL, CRM/CPQ software).
Successful former companies that grew significantly under Main’s leadership include Connexys (HR software), Roxit (NL, government software), Axxerion (NL, facilities management software), Ymor (NL, APM software), Onguard (NL, credit management software), TPSC (NL, healthcare GRC software) and RVC (NL, healthcare software).
End of press release
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