Main Capital Partners Acquires Flexagon

Main Capital Partners Acquires Fraxion and Adds Centreviews as Add-on

May 21, 2025

Cloud & SaaS

Main Capital Partners has made a majority investment in Fraxion and completed the add-on acquisition of Centreviews, combining cloud-based procurement and AP automation software to create an end-to-end procure-to-pay offering. The combined business serves roughly 500 customers across 25 countries and is the first add-on to Fraxion as Main pursues a buy-and-build strategy in financial-administrative software.

Thoma Bravo Acquires Majority Stake in Flexera

December 3, 2020

Software

Thoma Bravo has agreed to acquire a majority interest in Flexera, a Chicago-area software company that provides IT asset management and software monetization solutions. Existing investors TA Associates and the Ontario Teachers' Pension Plan will remain meaningful shareholders as Thoma Bravo partners with management to accelerate growth and expand Flexera's SaaS offerings such as Flexera One.

FLEX Capital Acquires Majority Stake in ComX

September 1, 2022

Cloud & SaaS

FLEX Capital has acquired a majority stake in ComX, a Berlin- and Cape Town-based B2B sales enablement SaaS provider founded in 2018. FLEX Capital will support product innovation and the professionalisation of ComX’s management and operations to accelerate international growth and scale the business globally.

GI Partners and Hamilton Lane Invest in Flexential (~$1B total equity raised)

August 21, 2025

Cloud & SaaS

Flexential, a U.S.-based data center and colocation provider, raised additional primary equity via a continuation vehicle and strategic investment led by GI Partners’ GI Data Infrastructure team with participation from funds managed by Hamilton Lane. Combined with prior funding from Morgan Stanley Infrastructure Partners, Flexential’s total primary equity raised reaches roughly $1 billion to accelerate site acquisition, secure power commitments, and advance over 110 MW of data center projects while scaling its FlexAnywhere platform.

Mainsail Partners Invests $40 Million in Fexa

July 28, 2022

Cloud & SaaS

Mainsail Partners has made a $40 million growth equity investment in Fexa, a Mullica Hill, New Jersey–based provider of cloud-based facilities management SaaS. Fexa will use the capital to accelerate product development, enhance integration capabilities, and broaden industry partnerships as it scales across retail, healthcare, automotive and logistics end markets.

ECI Partners Acquires Paragin Group from Main Capital Partners

February 17, 2026

Software

UK-based private equity firm ECI Partners has acquired Netherlands-headquartered Paragin Group, a provider of high-stakes exam and assessment software, from Main Capital Partners. The deal — financed in part by Crescent Capital Group's European Specialty Lending strategy — will support Paragin's international expansion and continued buy-and-build strategy under ECI's ownership.