Monday, January 5, 2015

Main Capital assists in Management Buy-out OnGuard credit management software – Dutch IT channel

Main Capital III has a majority stake in credit management software company OnGuard International Holding BV (OnGuard). OnGuard offers credit management software solutions and has over the years built up an international clientele of more than 850 customers in over 42 countries. This transaction is a mezzanine loan attracted at Main Mezzanine Capital.

OnGuard was founded in 1993 and has offices in the Netherlands (Headquarters), London and Sydney. The flagship product is OnGuard Connext. OnGuard’s advanced software and services helps companies to optimize their Accounts Receivables Management; including credit, collections and complaints management and cash allocation.

Every day more than 12,000 users use the software that is available in multiple languages ​​and currencies. Among the major clients include Wolters Kluwer, BMW Financial Services, Sun Chemical, Avis Budget Group and Sodexo.

Credit Management Software

It’s OnGuard’s mission to serve their customers with a low risk, high value solution and continuously focusing on innovation and improving the quality of software and services. This transaction enables OnGuard be able to further internationalize its business in both direct sales and through partners. In recent years, OnGuard has built an international partner network with local partners in Italy, France, Denmark, Spain and Brazil. “Since we started in 1993 with the creation of software, OnGuard is focused on providing the best credit management software to our customers worldwide. The support of Main Capital offers new opportunities in terms of growth for the company and innovation for our customers . It underlines our ongoing commitment to optimize the working capital of our customers through integration of their Accounts Receivables says “David Taylor, CEO of OnGuard.

” If specialized software investor, we have gained much experience in the strategic development of companies in the Fintech sector. The objective is to OnGuard terms of business model, market position and degree of internationalization to bring a higher level, “said Charly Zwemstra, Managing Partner Main Capital Partners.

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