Main Capital Partners sells Perbility to Rivean Capital

Main Capital Partners sells HR software provider Perbility, which quadrupled its revenue growth and increased profitability tenfold during the partnership

Düsseldorf, October 22, 2024 - Main Capital Partners, a leading investor in B2B software companies, has announced the successful sale of HR software provider Perbility to Rivean Capital. During the partnership with Main, Perbility grew its revenue by more than 400% and established itself as a major player in the German HR software market. The acquisition by Rivean Capital opens up new opportunities for further growth and innovation in the field of Human Capital Management (HCM).

Enormous growth and increasing profitability

During the investment period of Main Capital Partners, Perbility quadrupled its turnover from 2020 to 2024 to 29 million euros. At the same time, the company's profitability increased tenfold. This development is due to strategic initiatives such as the product migration from CHECK-IN to Helix, increased up- and cross-selling measures and increased market penetration in public and B2B markets.

Perbility has undergone impressive development in recent years and has established itself as the market leader in the German HR software industry. We are convinced that Perbility will continue to grow successfully under the leadership of Rivean Capital.

Sven van Berge Henegouwen, Main Capital Partners

Acquisitions strengthen the product portfolio

As part of its growth, Perbility made two strategically significant acquisitions: Concludis in 2022 and Begis in 2023. These acquisitions significantly expanded the product portfolio and enabled new cross-selling opportunities. With these acquisitions, Perbility further strengthened its position as a provider of HCM solutions.

We look forward to the next chapter of growth with Rivean Capital, where we will continue to innovate and improve our services for our clients.

Andreas Meck, CEO of Perbility

Acquisition by Rivean Capital and plans for the future

The acquisition by Rivean Capital marks an important step for Perbility to support its future growth and innovation. The company plans to expand its organizational capabilities and develop AI-based workflows to meet the changing needs of its customers. Rivean Capital will support Perbility in its expansion in the DACH region and further market penetration.

We previously reported on Main Capital Partners' exit from Enovation in April and the sale of Textkernel to Bullhorn in June.