MAIN CAPITAL PARTNERS takes majority stake in CONFIRMA SOFTWARE

Main Capital Partners signed an agreement on 24 September 2026 to acquire a majority stake in Confirma Software, the Nordic business software group, from the American private equity firm Abry Partners, which had founded the company in 2019 and had been preparing its exit since 2024. The deal valued Confirma at an enterprise value of €300–700M, an EV/EBITDA multiple of 10x–18x and an EV/revenue multiple of 2x–6x, on projected revenue of €100–200M and an EBITDA of €25–50M, an EBITDA margin of 27.3%. Main acquired the stake alongside the management team and key employees, with chief executive and co-founder Jarle Mørk staying with the business. At the time of the agreement, Confirma employed around 540 people and served more than 25,000 customers, including over 500 municipalities. The firm planned to strengthen the group’s operations, extend its position across the Nordic countries and continue its acquisition strategy there and in selected European markets, with Germany, Austria and Switzerland identified as targets. Completion remained subject to regulatory approvals.