BCS HR Software expands presence in Belgium through acquisition of epowerhr

BCS HR Software has acquired the Belgian company epowerhr to strengthen its presence in the Benelux. This acquisition is part of BCS' expansion strategy.

BCS HR Software, a provider of human resources and payroll software solutions, has acquired the Belgian company epowerhr. This acquisition is part of BCS' growth strategy in the Benelux and marks the fifth acquisition since Main Capital invested in April 2022. Previously, BCS included Apployed, Tasper, MediSoft and the HR and payroll division of Centric.

The acquisition of epowerhr is a logical continuation of our expansion course in Europe. BCS is committed to continue providing innovative and high quality HR software solutions.

Joep Eijkens, CEO of BCS

Main Capital Partners opened an office in Antwerp in 2022 to support the growth of its portfolio companies in Belgium. The acquisition of epowerhr is the second in the Belgian market after the acquisition of Eurotracs and will accelerate BCS' organic growth in Belgium.

BCS has more than 45 years of experience in the HR and payroll software industry, providing solutions for absence management, payroll, flexible working, HR administration and employee assistance.

We see many opportunities in the Belgian market and have added focus by opening our Antwerp office. The fact that this leads to a cross-border acquisition in one of our strongest product market segments is an important strategic move.

Charly Zwemstra, Managing Partner & Chief Investment Officer at Main Capital

Founded in 2000, epowerhr provides clients with solutions for assessment interviews, onboarding, training, and performance and process measurement. epowerhr's clients come from a variety of industries, including healthcare, financial services and manufacturing.

The acquisition will enable BCS to expand its "employee journey" portfolio to include solutions such as appointment scheduling, employee file management, expense management and payroll. This step is part of BCS' strategy to strengthen its market position and offer an enhanced service to its customers in Belgium.