Main Capital Partners with majority stake in LuxSci

Marc Nemitz Marc Nemitz | 06.11.2023

Main Capital Partners acquires majority stake in LuxSci, a leading provider of secure healthcare communication solutions. The partnership aims to strengthen LuxSci's market position and capitalize on growth opportunities.

Main Capital Partners has announced that it has acquired a majority stake in Lux Scientiae, Incorporated ("LuxSci"), a company specializing in secure communications and hosting solutions for the healthcare industry. The investment underscores Main Capital's interest in the healthcare sector and the creation of international software groups.

We are impressed by LuxSci's recurring double-digit revenue growth, underlying product, management team's capabilities and tireless commitment to customers. We see many opportunities to increase the value of the company

Daan Visscher, Co-Head of Main Capital North America

Founded in 1999, LuxSci is a well-known provider of secure communications and hosting solutions that meet the needs of healthcare organizations. The company is HITRUST certified and serves clients in the healthcare and other highly regulated industries. These include companies such as 1-800 Contacts, athenahealth, Beth Israel Lahey Health and Delta Dental.

Erik Kangas, founder and CEO of LuxSci, is pleased with the partnership and emphasizes that the increasing demand for secure communication solutions in the healthcare industry makes this collaboration a timely one.

With Main's resources and expertise, we can expand our technology and deepen our market penetration at a time when the demand for highly secure communication solutions has never been greater.

Erik Kangas (PhD), Founder and CEO of LuxSci

The partnership will enable LuxSci to strengthen its market position and better address the needs of modern healthcare organizations. In addition to organic growth in North America, the company will work with Main to seek opportunities for strategic acquisitions to expand its product portfolio and drive internationalization.

Jeanne Fama, COO & CSO of LuxSci, sees the partnership as an opportunity to expand the reach of LuxSci's communications solutions and improve outcomes for healthcare organizations. Main Capital Partners, with experience in the healthcare and security market, will use its expertise and network to support LuxSci in its continued growth.


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