Main Capital Partners acquires IT documentation specialist synetics

Growing importance of IT documentation and compliance

Rising end-customer expectations drive businesses to digitize processes and upgrade their IT landscapes. Increasing complexity in client’s (technological) infrastructure oftentimes poses the challenge to efficiently and compliantly managing the firm’s (IT) assets. CMDB software addresses this challenge and, besides documenting all relevant items, stores useful information and interdependencies of its components. The pressing need of IT departments to simplify and synchronize asset documentation as well as fulfilling compliance and IT security needs are fuelling expected double digit market growth going forward.

Yves Souren, Senior Investment Manager at Main Capital Partners commented:
“synetics is a strongly growing company (c. 30% recurring growth expected in 2022) that provides an attractive platform for organic as well a inorganic growth strategies. Although large parts of the revenues are currently being generated in the DACH region we also see a lot of opportunities with the newly developed cloud product beyond the DACH market. Additionally, we seek to build out the current offering towards a comprehensive enterprise service management offering to further enhance customer value. We have known synetics for quite some time now and have seen the company developing very well in recent years. We are delighted to now support synetics on its future growth journey”.

Joachim Winkler, CEO of synetics, added:
“We have a longstanding relationship with Main Capital and strongly believe that Main with their experience in the software market is the right partner for i-doit and our next phase of profitable growth”.

About synetics GmbH
https://www.i-doit.com/en/

synetics, founded in 1996, offers CMDB software that supports the management of the customer’s IT as well as asset landscape and facilitates IT Service management. Headquartered in Düsseldorf, synetics has approximately 40 employees and serves around 1,700 customers from various verticals, particularly the public sector. The company has a very strong partner network but also sells its software through direct channels.