Main Capital Partners supports merger of HYPE Innovation and Planbox
Marc Nemitz | 28.02.2024The merger of HYPE Innovation and Planbox brings together expertise in full lifecycle innovation portfolio management and AI-powered solutions. A strategic move to impact the innovation management industry.
Düsseldorf, Germany - HYPE Innovation and Planbox have announced their merger in the field of innovation management. This merger positions HYPE Innovation as one of the world's largest providers of innovation management software, with a targeted turnover of almost 30 million euros. The integration with Planbox is HYPE Innovation's fourth acquisition since Main Capital's investment in 2019.
Strategic partnership with focus on expertise
The partnership benefits from Planbox's expertise in full lifecycle innovation portfolio management, emerging tech empowerment and ecosystem enablement. Planbox has more than two decades of experience and an impressive portfolio of 400 implementations and over 5 million participants. Its AI-powered, cloud-based agile innovation solutions have helped internationally recognized brands improve their business results.
New era of innovation management
Frank Henningsen, CEO of HYPE Innovation, emphasizes that the merger will usher in a new era of innovation management. The merger combines insight, technology and passion to create a global innovation powerhouse. Ludwig Melik, CEO of Planbox, emphasizes that the strengths are not just a strategic merger, but a commitment to customers to succeed in an ever-changing world.
New industry standards through merger
The merger sets new industry standards for innovation management systems, especially in the field of generative AI. HYPE's AI competencies are enhanced by powerful capabilities from Planbox to enable transformative change in the innovation management environment. The best-in-class platform combines human creativity, artificial intelligence and governance to unlock untapped innovation potential.
Support in a critical growth phase
Sven van Berge Henegouwen, Managing Partner of Main Capital Partners, emphasizes the support of HYPE Innovation in this critical growth phase. He believes that the combination of HYPE and Planbox forms a strongly positioned group with a promising future.
Common goal: revolutionizing the innovation management industry
Together, HYPE Innovation and Planbox aim to revolutionize the innovation management industry and open up new opportunities for growth and success for companies worldwide. Customers will benefit from an extended network of partners, employees and experts that the group will make available to promote collaboration and the exchange of experience and accelerate innovation efforts.
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