xential’s Post

xential takes first step towards becoming a leading Document creation & template management specialist with the acquisition of eformity document solutions b.v. This marks the first acquisition since the management teamed up with Main in June 2023. Ivo van Deudekom, Investment Director at Main Capital Partners and Chairman of the Supervisory Board of Xential: “Various trends and drivers, including the increasing need for efficiency in the workspace and the increasing importance of retaining and managing historical records, are expected to drive the estimated ca. 15-20% annual growth of the document management & creation software market in the upcoming years. Eformity is capitalizing on these market trends via their strong position within the Microsoft ecosystem, offering even more growth, scalability and internationalization opportunities following the combination. With Eformity and Xential, we combine two leading organizations in the document creation & template management software market, resulting in a strong foundation for additional European expansion. Read the full press release here 👉 https://lnkd.in/en8tnE7Z