Carlyle acquires majority stake in GBTEC from Main Capital Partners

Movement in the software market: Carlyle acquires majority stake in GBTEC! What impact will this billion-euro deal have on business process management and the future of digital process automation?

The investment company Carlyle (NASDAQ: CG) has acquired a majority stake in GBTEC Software AG and its associated companies from Main Capital Partners. GBTEC is a provider of software solutions for business process management (BPM) and governance, risk and compliance (GRC).

Despite the sale, Gregor Greinke, the company founder, remains CEO and the largest single private shareholder of GBTEC. Together with co-founder Marc-Oliver Stromberg and the extended management team, significant shares will continue to be invested in the company. This step marks Main Capital Partners' sixth exit in the last twelve months. Since 2019, Main Capital Partners had supported GBTEC as a specialized software investor before selling its shares in this transaction.

We are convinced that Carlyle is investing in an outstandingly positioned company with excellent future prospects.

Sven van Berge Henegouwen, Managing Partner at Main Capital Partners

GBTEC, known for its SaaS solutions in the field of intelligent business process management (iBPM), digital process automation (DPA) and process governance, risk and compliance (GRC), is characterized by its user-friendly products based on no- and low-code technologies. The company serves over 1,200 customers worldwide, including well-known European and international companies as well as public institutions. With around 300 employees and already established subsidiaries in Spain and Australia, GBTEC is pursuing a clear strategy of international expansion.

With our modern and user-friendly products, we have developed into a leading BPM and GRC SaaS provider in Europe in recent years. Carlyle's investment marks the beginning of the next phase of GBTEC's growth story.

Gregor Greinke, founder and CEO of GBTEC

The partnership with Carlyle is intended to further accelerate this growth. In addition to strengthening sales and marketing, Carlyle plans to make significant investments in product innovation and portfolio expansion, particularly in the area of Digital Process Automation (DPA). The equity required for this comes from the Carlyle Europe Technology Partners ("CETP") V fund, a EUR 3 billion fund that invests in European technology companies.

Carlyle's Michael Wand emphasized the importance of GBTEC's positioning in a key technology trend and expressed confidence that Carlyle's longstanding expertise could help GBTEC become a global market leader.

Carlyle's acquisition of a majority stake marks a major step for GBTEC and promises an exciting period of growth for the company as it continues to consolidate its position as a provider of BPM and GRC SaaS solutions.