Main Capital Partners acquires Public Administration Software Provider mps from Gotthardt Health AG and CEO Dr. Tino Wagner
26th of July 2024, Koblenz – Main Capital Partners announces its investment in mps public solutions (“mps”), a leading German software provider for the public administration and social care sector. As a strategic partner, Main will support mps in its next growth phase through both organic and inorganic initiatives. The acquisition marks the 2nd platform investment for Main since the inception of its new fund MC VIII in April 2024.
Founded in 1978, mps has grown into a leading software vendor of financial and accounting solutions for the German public administration market – with a focus on municipalities and districts – and the social care sector with revenues north of €25 million. The company offers a large breadth of software solutions ranging from financial management, over building yard- to cemetery management software. From its headquarters in Koblenz, Germany, and with the support of a dedicated and experienced team of over 180 employees, mps serves more than 1,200 municipalities across Germany. mps’ customer base consists, among others, of municipalities, districts, social and health care institutions, local utility clients and churches in Germany.
The current management team will work closely with Main in the company’s next growth phase. With Main’s extensive experience in the software market for public and semi-public industries (having already previously invested in three software groups in the GovTech market), the joint growth strategy will put at the core mps’ innovative software offering and customer centricity. Looking forward, Main will actively support mps in maintaining a leading market position and extending the value proposition for its customers and partners. Besides organic growth initiatives, strategic business combinations will be an important part of mps’ growth strategy to complement the existing software and services portfolio and thus create added value to customers.
Dr. Tino Wagner, CEO of mps, said, “We are excited to partner with Main as we continue to grow our business. Their expertise in the German public administration sector and their track record make them a great partner for us. This partnership will provide us access to best-practices and support us in continuing to deliver innovative solutions to our customers.”
Frank Gotthardt, Co-Owner of Gotthardt Health AG, adds, “mps has developed an innovative product that drives the digitization of public administration. Main will help to write this success story by significantly increasing the target reach. All mps employees, mps customers and this demanding market will benefit from this.”
