Culemborg, the Netherlands, 7 January 2020
Together with the management and founders of Assai Software Services (“Assai”), the leading provider of web-based document control and management software in the energy sector, Vortex Capital Partners (“Vortex”) signed an agreement for a majority investment in Assai.
Experiencing strong growth in demand for its software and with commitment from its valued multinational clients and partners, Assai intends to expand its business through an accelerated international roll-out. Assai’s management and founders are convinced that Vortex is well equipped to support Assai in achieving its growth ambitions going forward.
Willem van der Jagt, CEO of Assai, believes that Vortex and Assai are the perfect match: “combining our forces with Vortex enables us to implement our ambitious growth plans with more power. In addition, Vortex’s wealth of experience and expertise in technology-driven businesses, will support us to expand internationally. I am really looking forward to working with the Vortex team.”
Evert Jan de Groot, Partner of Vortex: “The founders and management of Assai Software have been successfully expanding the company since 1990 to a beautiful organization with a strong team of experienced professionals and an impressive client base worldwide. We are eager to continue working with the current Assai team.”
Assai Software Services develops, maintains and supports AssaiDCMS, a fully web-based integrated document control and management system for engineers, document controllers, planners and managers. AssaiDCMS is available in the cloud (SaaS) and on-premises. It is designed to meet the stringent requirements of complex and challenging industries, such as Oil & Gas, Construction and Engineering.
Vortex Capital Partners invests in majority and minority stakes in Benelux headquartered growth stage companies that use technology to differentiate and scale. These companies can be active across various sectors, including Technology, Business Services and Industrial.