Corum advises Flexagon on acquisition by Main Capital

SEATTLE, July 12, 2024 (GLOBE NEWSWIRE) — Corum today announces that its customer, Wisconsin-based Flexagon, a provider of DevOps solutions for mission-critical industries, has been acquired by Main Capital Partners. Main Capital Partners will leverage this acquisition to leverage a selective buy-and-build strategy that will accelerate Flexagon’s growth in the DevOps market.

“We are excited to support this transaction for Flexagon with Main Capital. The Flexagon team is on a mission to scale the business by delivering an innovative and feature-rich DevOps platform for enterprises, with a focus on COTS-based ecosystems such as Oracle, Salesforce and SAP. This new investment in the platform will allow Flexagon to accelerate its go-to-market strategy with a strong sponsor in Main Capital. It is also a great cultural fit between the teams,” said William Hill, SVP at Corum Group.

“The entire Corum team played a key role in our successful transaction,” says Dan Goerdt, CEO of Flexagon. “Their systematic and extensive process, considerable technical and industry knowledge, tenacity and determination were invaluable. They never wavered in their energy, focus and attention throughout the process, and we could not have achieved this result without their professionalism, skill and hard work.”

Corum is a leading global educator on technology trends, valuations, growth strategies and M&A in the technology sector. Corum will host a half-day online workshop, Selling Up Selling Out, on July 23 at 9 a.m. ET. Technology CEOs and founders will learn how to prepare, position, research, value, negotiate and perform due diligence to maximize pricing and structure in an M&A transaction. To register, visit www.corumgroup.com/events.

About Corum Group
Corum Group is a global leader in mergers and acquisitions services, specializing in serving software vendors and related technology companies worldwide. With offices around the world, Corum has completed more than 500 software M&A transactions over nearly 40 years. Corum’s M&A advisors are experienced former technology CEOs, supported by industry-leading researchers, writers and appraisers. For more information, visit www.corumgroup.com.

About Flexagon
Flexagon is a leading provider of DevOps software for complex enterprise technology environments such as Oracle, SAP, and Salesforce. Flexagon’s DevOps platform, FlexDeploy, provides a comprehensive and integrated solution that increases development speed and productivity, enables continuous delivery, and optimizes release management processes. FlexDeploy enables companies to comply with software security and audit requirements and meet delivery deadlines in a cost-effective manner. For more information, visit www.flexagon.com.

About Main Capital Partners
Main Capital Partners is a leading software investor with private equity funds operating in Northwest Europe and North America. Main has 20 years of experience in software investing and works closely with management teams in its portfolio as a strategic partner to achieve profitable growth and larger, outstanding software groups. Main has 70 employees and offices in The Hague, Stockholm, Düsseldorf, Antwerp and a related office in Boston. Main manages assets of approximately €6 billion and currently has an active portfolio of over 46 software companies. Together, these companies provide approximately 12,000 employees. Through the Main Social Institute, Main supports students with grants and scholarships to study IT and Computer Science at universities of technology and universities of applied sciences. For more information, visit www.maincapitalpartners.com.

Contact Corum:
Heidi Owen
+1 425-526-3107
[email protected]