29 Sep 2023
Skyscrapers in Stockholm Downtown

EY advises Main Capital on Assessio divestment to Pollen Street

Authors
Bjørn Tore Foss

EY Norway, Private Equity, Strategy and Transactions, Partner

Dedicated transaction adviser. Proud father of two children. Family man. Sports fanatic.

Gunnar Albemark

Partner, Private Equity, Strategy and Transactions, EY-Parthenon

Champion of strategy and CDD engagements. Big skier. Proud father.

29 Sep 2023

EY advises Main Capital on its divestment of Assessio to Pollen Street Capital with delivery of analytic, commercial, financial, tax and tech vendor due diligence services. 

Main Capital Partners acquired Assessio in 2019 and ignited a pivotal growth phase. This shift saw Assessio transition from a consultancy-driven model to a scalable software-as-a-service (SaaS) platform, fostering revenue growth and establishing dominance in the Nordic and Benelux regions.

Throughout its trajectory under Main's guidance, Assessio strategically acquired Dutch HFMTalentindex, Dutch Eelloo, and Danish People Test Systems. These acquisitions not only bolstered Assessio's market presence but also laid the groundwork for its stronghold in previously untapped Nordic markets and the Benelux region. This multi-faceted approach facilitated a broader service offering and unlocked new reservoirs of talent and expertise.

Pollen Street's acquisition of Assessio underscores the latter's substantial value in talent assessment. With Pollen Street's track record in scaling software enterprises, the partnership promises to fuel Assessio's global expansion and propel its technological advancements.

EY teams has supported this acquisition with tax, financial due diligence and analytics, and EY-Parthenon with commercial and technology due diligence.

Read press release from Main.

Below you can find a selection of EY's recent deal alerts and you can also find a more extensive list on our Strategy and Transactions page.

Summary

EY advises Main Capital on divesting Assessio to Pollen Street, offering comprehensive due diligence services. Main Capital's 2019 acquisition transformed Assessio into a scalable SaaS platform, fueling growth in the Nordic and Benelux regions. Assessio strategically acquired HFMTalentindex, Eelloo, and People Test Systems, strengthening its presence in new markets. Pollen Street's acquisition highlights Assessio's value in talent assessment and promises global expansion and technological advancements, benefiting from Pollen Street's software scaling expertise.

About this article

Authors
Bjørn Tore Foss

EY Norway, Private Equity, Strategy and Transactions, Partner

Dedicated transaction adviser. Proud father of two children. Family man. Sports fanatic.

Gunnar Albemark

Partner, Private Equity, Strategy and Transactions, EY-Parthenon

Champion of strategy and CDD engagements. Big skier. Proud father.