Herzogenrath, 20.01.2023
For 37 years, van den Berg has established itself as a partner for banks and has been offering payments-as-a-service solutions for banks and companies since 2007. As a result, the company has succeeded in building a long-standing and highly satisfied customer base. The acquisition by Main Capital Partners (“Main”) of van den Berg (vdb) and pdv Financial Software GmbH (pdv) will create a strong group in the banking software market.

pdv Financial Software GmbH, headquartered in Hamburg, is a German market leader for capital markets software and offers end-to-end solutions for the entire trading process chain. The solution covers all major asset classes and financial instruments, both for buying and selling as well as for institutional and private trading. Reasons for Main’s investment include the cross-selling potential from pdv within the broader banking software group, the attractive financial profile with continued double-digit growth and high profitability, and the strong customer base.

Reinhard Wienke, founder and CEO of pdv Financial Software, said, “We are excited and look forward to working with an experienced partner like Main to build a leading group in banking and capital markets software. By working together, we will be able to achieve our strategic goals faster and provide greater value to our customers by expanding our product and service offerings. We see a great fit between us and van den Berg and are excited about our plans for the future together.”

Headquartered in Herzogenrath, Germany, van den Berg offers its payment processing solutions to approximately 100 customers, most of which are primarily in the banking sector. The company’s product offering includes Payment Processing and Management (PPM). This is a comprehensive solution for receiving, converting, verifying, correcting, reconciling and routing all payment transactions. In addition, van den Berg offers further functions for SEPA Card Clearing for processing card payments as well as an Instant Payments Gateway. Since 2007, van den Berg has been able to meet the demand for Payments-as-a-Service solutions, thus offering a comprehensive service.

Hans-Rainer van den Berg, founder of van den Berg, explains: “It was important for us to find the right partner for the company succession and the continuation of our success story. We are convinced that we have found the right partner in Main. Together we will take advantage of the opportunities the market offers us.”

Christian Fink, CEO of van den Berg, adds: “Through the merger, we are combining the expertise of two leading companies in the software market. This collaboration milestone ensures that we are excellently positioned to meet the growing demand from banks and financial service providers in the future, and we look forward to growing the group together with pdv and Main. ”

Stronger positioning in the market for banking software

The pdv and van den Berg are highly complementary to each other, making the group a strong strategic combination. There is also great synergy potential through cross-selling and upselling within a broader banking software group. In addition, with customers such as Commerzbank AG, Baader Bank AG and Hamburger Sparkasse, pdv and van den Berg bring a very loyal customer base to the group, which offers synergies and cross-selling potential. In addition, the merger will further expand the already strong presence of both companies in the banking software market.

Together with the management of pdv and van den Berg, Main will further expand the banking software platform around the core areas of trading, payments and complementary banking solutions with a strong recurring revenue profile.

Sven van Berg Henegouwen, Managing Partner at Main, explains, “pdv offers a modern, unique and market-leading software solution with a strong financial profile with solid profitability and a high recurring revenue share. In addition, pdv has a very satisfied and loyal customer base. These factors are highly complementary to those of van den Berg, and there is a high potential for synergies in the broader banking software we intend to build together with pdv and van den Berg. We are positive about the future and look forward to this new partnership to build a leader in the banking software market.”