cisbox and Main Capital Partners enter into strategic partnership

Solingen, February 2024 - IT service specialist cisbox is pleased to announce an important milestone in its corporate history: Main Capital Partners, a leading investor in the B2B software industry, has acquired a majority stake in cisbox GmbH. This partnership marks a major step for cisbox—a pioneer in cloud- and AI-based procure-to-pay software in Germany—and the beginning of a new growth phase.

Since its foundation in Solingen in 2005, cisbox has been passionately dedicated to developing solutions that optimize the P2P process of its own customers. With a dedicated team of over 140 employees and additional locations in Ho Chi Minh City, Vietnam, cisbox supports a wide range of customers in the DACH countries, especially in the hospitality, healthcare and services sectors. The offering is versatile and ranges from e-procurement solutions and electronic incoming invoice processing to payment processing and real-time data analysis.

The collaboration with Main Capital Partners opens up new horizons for cisbox. Main brings not only financial support but also strategic expertise to the company, enabling it to further advance its vision of growth and innovation. Together, they plan to strengthen their presence in both domestic and international markets and further expand their offering through organic initiatives and strategic acquisitions.

The founders, Stephan Kern and Sebastian Mehrle, will remain a central part of cisbox. They are reinvesting in the company and together with Main Capital Partners will guide the strategic direction in this new phase. Their continued commitment underlines the confidence in the future of cisbox and the strength of the partnership with Main.

This partnership with Main Capital Partners is a testament to the company's commitment to quality, innovation and customer satisfaction. It is a clear signal of cisbox GmbH's ambition to push the boundaries of what is possible with its solutions and to offer customers even more value.

Stephan Kern, founder and CEO of cisbox, comments: "We are looking forward to working with Main as we continue to grow our business. Their expertise in B2B cloud technology and their track record make them an ideal partner for cisbox. This partnership will give us access to new markets, partners and customers. With Main's experience, we will be able to integrate new functionalities and technologies into the cisbox solution to offer new impressive features to our existing customers. In this case: 1+1 becomes 3."

Sebastian Mehrle, founder and CEO of cisbox, adds: "Our customers and partners rely on us to constantly innovate and provide customer-centric and secure solutions to digitize and optimize their processes and, above all, to provide real-time data and forecasts for better decisions. The regulatory requirements arising from the EU e-invoicing directive, the skills shortage and the need for cash flow forecasting in volatile markets are just some of the reasons why we are currently experiencing such great momentum and demand for digital transformation in the market.

We are convinced that our strategic partnership with Main will further accelerate the current transformation and enable us to expand our product portfolio and presence in new industries—both nationally and internationally—as well as expand our global partner ecosystem. We are confident that it’s the right decision for our customers, partners, and for us. And for our existing and additional employees who work with a diverse and multicultural team across (currently) two countries and are involved in our exciting journey to global success.”

Dorian Berndt, Investment Director at Main Capital Partners, summarizes: "Having known cisbox and the team for years, we are very excited about the partnership and are enthusiastic about the company's growth momentum and prospects. With 20% annual growth in recurring revenues, cisbox is clearly a winner in the P2P software market. In addition, the company will continue to benefit significantly from regulatory developments such as e-invoicing and Peppol . We are confident that our targeted organic growth initiatives combined with a selective buy-and-build strategy will lead to an enhanced software and service offering for existing and new customers."