cisbox and windata have announced a strategic merger to create a comprehensive Procure-to-Pay software suite for SMEs, backed by investments from Main Capital Partners.

Target Company Overview

cisbox, founded in 2005, is a pioneer in Purchase-to-Pay (P2P) solutions. The company provides AI-driven cloud-based software that enhances P2P processes across various sectors. Headquartered in Solingen, Germany, bisbox also has a development site in Ho Chi Minh City, Vietnam, focusing on software and data services. With a robust market presence in the DACH region, cisbox caters to over 5,300 clients, particularly in the services, healthcare, and hospitality sectors. As a certified Peppol Access Service Provider, cisbox has established a formidable network of partners, allowing it to serve a diverse range of customers through its white-label platform. In February 2024, Main Capital Partners invested in cisbox as part of its strategic initiative to formulate a comprehensive P2P offering and enhance growth in both current and emerging markets through the introduction of advanced functionalities.

windata, established in 1993, specializes in electronic payment solutions, streamlining secure and large-scale payment transactions primarily for the banking sector and small to medium enterprises (SMEs). The company's services are leveraged by over 6,500 businesses nationally and internationally, serving more than 52,000 end users. windata's solutions are distributed through numerous financial institutions, including Volksbanken, Raiffeisenbanken, Sparkassen, Postbanken, and private banks. In July 2024, Main Capital Partners invested in windata, aiming to further enhance its growth trajectory and innovation potential.

Industry Overview in Germany

The P2P software industry in Germany has seen a significant transformation driven by advancements in technology and an increasing demand for efficient financial management solutions. As businesses strive to streamline their operations, the adoption of cloud-based services and au