IRIS CF assists DataMask in the sale to xxllnc, a portfolio company of Main Capital Partners

xxlnc has acquired 100% of the shares of DataMask. IRIS CF acted as sell-side advisor to DataMask.

Processfive

Located in Capelle aan den IJssel, DataMask develops software focused on anonymizing documents. DataMask’s software can be used by all types of administrative bodies and allows users to carry out the anonymization in an efficient and user-friendly manner. The company currently serves over 170 clients, mainly within (semi-)government agencies.

For more information, visit: https://www.datamask.nl/

xxllnc

xxllnc, formerly known as Exxellence Groep, started in 2001 as a spin-off of the University of Twente and grew into a leading software supplier with more than 400 employees and a range of solutions for the Dutch (semi-)governmental sector. Customers of xxllnc include Municipalities of The Hague, Leiden and Utrecht, as well as UWV. The technology of DataMask will be integrated into the xxllnc portfolio.

For more information, please see: https://xxllnc.nl/

Main Capital Partners

Main Capital Partners is a leading force in software investment, committed to continuous growth through strategic international expansion. For over two decades, Main Capital has fueled the success of software companies by fostering valuable partnerships across global regions.

For more information, please see: https://main.nl/