Pride Capital Partners Takes Minority Stake in Rubicon


Pride Capital Partners, the Netherlands-based investor in profitable and growing businesses in the Software and IT industry, has made a minority investment in Rubicon, a Vienna, Austria-based eGovernment solutions provider in the German-speaking region.

By working with Pride Capital Partners, the company will receive additional support in furthering growth plans within the DACH area, both organically as well as through strategic acquisitions. Alongside supporting growth and market expansion, Pride supports Rubicon in the carve-out of an internal start-up company.

Founded in 2001 by Peter Grassnigg, CEO, Rubicon is a provider of Enterprise Content Management (ECM) software digitalising and streamlining complex processes for public institutions through the use of document management, workflow tools as well technology for internal as well as external communication. The company, which has further offices in both Berlin and Bern and over 200 FTEs, serves public institutions in Austria, Switzerland and Germany, as well as several private clients.