Main Capital Partners sells Cleversoft to Levine Leichtman

Main Capital Partners announces the successful exit of Cleversoft to LLCP. Cleversoft has established itself as a major player in the RegTech space, providing efficient solutions for regulatory challenges in the financial industry.

Düsseldorf, Germany - Main Capital Partners invested in Cleversoft in 2018, driven by the company's high potential to become a leading RegTech software provider. During the partnership, Cleversoft evolved from a regionally focused company on the DACH region to a leading provider of regulatory software for financial institutions across Europe. The company experienced impressive growth, with a more than three-fold increase in revenue.

Together with Main Capital, we laid the foundation for the European RegTech platform, which we now plan to aggressively expand globally with our new partner Levine Leichtman Capital Partners.

Florian Clever, CEO of Cleversoft

Thanks to Main's significant support, Cleversoft has been able to successfully drive its growth trajectory. Strategic acquisitions played a key role in this process, significantly improving the company's product portfolio and market presence. Main Capital Partners supported Cleversoft in the acquisition of CDDS, a renowned software provider for anti-money laundering solutions in banking, asset management and other financial institutions. Cleversoft also expanded its offerings through the acquisition of BusinessForensics, a provider of financial and white-collar crime solutions, and SecondFlow, an innovative provider of compliance and risk management software focused on the insurance industry.

Cleversoft offers its customers a range of innovative compliance solutions and has many attractive growth opportunities.

Matthias Tabbert, Head of DACH at LLCP

The sale of Cleversoft to Levine Leichtman Capital Partners (LLCP) marks another significant achievement for Main Capital Partners. LLCP, as the buyer, recognizes the exceptional value and expertise Cleversoft brings to the RegTech market. The transaction will provide Cleversoft with the resources and supporting infrastructure necessary to drive its future growth and strengthen its position as a global leader in the industry. The amount of the exit was not disclosed.

Cleversoft's evolution into a pan-European market leader is a testament to the commitment and vision of Florian Clever and his management team.

Sven van Berge Henegouwen, Managing Partner Main Capital Partners

Levine Leichtman Capital Partners, LLC (LLCP) is an established private equity firm that has been investing in various focus sectors for 39 years. Its investment focus areas include Franchising & Multi-Unit, Business Services, Education & Training, and Engineered Products & Manufacturing. LLCP pursues a differentiated structured private equity strategy that includes both debt and equity investments in portfolio companies. LLCP's global team consists of dedicated investment professionals who have been with the firm for an average of 19 years. Since its inception, the firm has managed approximately $13.3 billion of institutional capital across 15 mutual funds and invested in over 100 portfolio companies. Currently, LLCP's assets under management total $9.3 billion, and the firm maintains offices in Los Angeles, New York, Chicago, Charlotte, Miami, London, Stockholm, The Hague and Frankfurt.