xxlnc has acquired 100% of the shares of Processfive. IRIS CF acted as sell-side advisor to Processfive.
Processfive is a specialist in providing software and services for (semi-)governmental organizations active in the tax domain. Among other things, Processfive’s solutions support customers in object registration, process inspection, quality control and reporting back of data to the basic registers. Processfive customers include the municipalities of Rotterdam and The Hague as well as Waternet and BghU.
For more information, please visit: https://www.processfive.com/
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. With the acquisition of Processfive, xxllnc increases its applications, capacity and quality in the field of government taxes. Processfive’s technology 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/