Hogenhouck M&A advised Boxwise, a specialist in logistics software, on entering into a strategic partnership with Main Capital Partners. After twenty years of growth and product development, this partnership marks a new phase for Boxwise. With Main as the majority shareholder, the company gains additional resources to invest in its platform, further automation, and international growth. Boxwise will continue to operate independently and build on its strong position as a provider of user-friendly warehouse management software.
About Boxwise
Boxwise develops warehouse management software that enables organizations to manage their warehouse processes in a more organized, efficient, and automated manner. The platform supports, among other things, inventory management, order processing, and the organization of daily warehouse processes.
Over the past twenty years, Boxwise has established a strong position as a provider of user-friendly warehouse management software. From its headquarters in Nieuw-Vennep, the company helps customers make their warehouse processes simpler, more efficient, and more automated.
The software stands out for its ease of use, extensive integration capabilities, and personalized service. Boxwise helps its customers gain better control over their logistics processes, reduce errors, and enable further growth.
Most of the company’s revenue is currently generated in the Netherlands. Boxwise also operates in Belgium and sees further growth opportunities in other European markets, including Germany.
Accelerating from a position of strength
In Main Capital Partners, Boxwise has found a strategic partner with extensive experience in the international software market and with companies active in supply chain management.
This partnership enables Boxwise to accelerate its investment in the platform’s further development, new features, additional integrations, and greater automation. Artificial intelligence will also play an increasingly important role within the software, allowing customers to organize their warehouse processes even more intelligently and efficiently.
In addition, Boxwise will gain greater capacity to further expand its international operations. Alongside organic growth from existing and new customer relationships, Boxwise and Main are jointly exploring potential strategic acquisitions that align with the company’s ambitions.
Boxwise will continue to operate independently following the transaction. For customers and partners, the fundamentals remain the same: the company will continue to focus on user-friendly software and personalized service that simplifies warehouse management. The existing strategy will be continued, with an ongoing focus on solutions that meet customers’ practical needs.
Frank van den Hoek, founder and CTO of Boxwise: “The partnership with Main is an important next step in Boxwise’s growth. It gives us a strong foundation to further develop our platform, expand internationally, and introduce more organizations to Boxwise. Together with Main, we want to accelerate our growth and further strengthen our position as an international WMS provider.”
Gerard Nijboer, CEO of Boxwise: “With this partnership, we see that we can accelerate the implementation of our strategy and reach our next milestones. The ambitions of our team and our customers are becoming a reality, which is leading to new opportunities. Together with our strong leadership team, I look forward with great energy and enthusiasm to navigating the organization through this next phase.”
About Main Capital Partners
Main Capital Partners is a leading software investor operating in the Benelux, the DACH region, France, Scandinavia, the United Kingdom, and North America. Main manages approximately €12 billion in assets and has more than twenty years of experience supporting and helping software companies grow.
As a strategic partner, Main works closely with the management teams of its portfolio companies. The investor supports these companies in areas such as product development, international expansion, further professionalization, and strategic acquisitions. Main has an active portfolio of more than 55 software companies, which collectively employ approximately 15,000 people.
Felix Snoeck Henkemans, Senior Investment Manager at Main Capital Partners: “We look forward to supporting Boxwise as it executes its growth strategy and further strengthens its position as a WMS provider. We see significant potential for further scaling the Boxwise platform internationally. We are also impressed by the strong focus on product innovation and the way in which user needs are central to the company’s approach.”
Strategic rationale for the transaction
The partnership combines Boxwise’s strong market position, product knowledge, and customer-focused approach with Main Capital Partners’ software expertise, international experience, and financial strength.
This creates opportunities for Boxwise to further develop the platform more quickly and to further professionalize the organization. Main’s additional expertise and resources support the international rollout and offer opportunities to accelerate growth through both commercial expansion and targeted strategic acquisitions.
For Main, Boxwise is an attractive platform in the warehouse management software sector. Boxwise offers a proven software solution, a strong position in the Netherlands, and clear opportunities to further expand its operations internationally.
Role of Hogenhouck M&A
Hogenhouck M&A advised Boxwise throughout the entire M&A process. Working closely with Boxwise, the company further refined its strategic positioning and sought a partner that could not only provide financial strength but also bring relevant experience in the international software market and supply chain management.
The process resulted in the selection of Main Capital Partners as a strategic partner for Boxwise’s next phase of growth. Hogenhouck advised Boxwise throughout the process, including the negotiations and structuring of the transaction, through to its successful completion.
The deal team at Hogenhouck M&A consisted of Victor Rosier, Albert van den Pol, and Adriaan Verbeek. Victor Rosier, a partner at Hogenhouck M&A, on advising Boxwise: “Frank, Gerard, Bram, and Peter have collectively built a strong software platform with a clear position in attractive end markets, including healthcare and related sectors. The team had clear ideas about the next phase of growth and was looking for a partner who could help them actually realize these ambitions. This was the right moment for Boxwise to take the next step as a platform. With its software expertise, international network, and experience with buy-and-build, Main is an excellent partner for this. We were delighted to advise Boxwise on this important step and see the combination with Main as a strong foundation for further growth.”
