Main Capital Partners acquires majority stake in TMA

TMA gains an experienced partner in Main Capital Partners. Together they aim to strengthen international reach

The Hague, December 11, 2024 - Main Capital Partners ("Main") has acquired a majority stake in TMA, a provider of talent management software in the Netherlands. The investment marks Main's sixth platform acquisition in the HR tech space in Northwest Europe. The aim is to strengthen TMA's position in its home market and drive international growth.

TMA: Science-based talent management solutions

Founded in 1999 and based in Utrecht, the company offers an integrated platform based on its proprietary "TMA Method". This method focuses on a positive approach by emphasizing employees' talents instead of focusing on weaknesses. Companies use TMA's solutions to analyze the skills and motivations of their employees and ensure the right fit for their roles.

TMA's products help organizations improve performance, increase employee satisfaction and boost overall engagement. The company's customers include government agencies, educational institutions and companies such as Action and bol.com. The solutions are used in 21 countries and 11 languages.

Collaboration between TMA and Main

TMA's existing management team will remain on board after the transaction with a minority stake and will continue to steer the development of the company. The new partnership is designed to expand TMA's reach, particularly through an international growth strategy based on a buy-and-build approach.

We are delighted to have found an experienced strategic partner in Main. This partnership will enable us to bring our philosophy and solutions to even more organizations worldwide.

Bastian Müller, CEO of TMA

Main Capital: Focus on HR tech and international expansion

Main Capital has established itself as an important player in the HR tech sector in recent years through investments in companies such as Textkernel, PERBILITY and Assessio. Charly Zwemstra, Managing Partner and CEO of Main, emphasizes the importance of the acquisition: "Talent management remains a crucial factor for employers facing a skills shortage. Our partnership with TMA is a further step in providing innovative solutions for this market. We look forward to working with the management team to build TMA into a leading international provider through organic growth and acquisitions."

The partnership between Main and TMA underlines the strategic importance of the HR tech market in Europe, which continues to gain momentum in light of the skills shortage. With the majority shareholding, Main is laying the foundation for a stronger international presence for TMA and the sustainable further development of talent management solutions.