PRESS RELEASE

Stockholm, May 27, 2026 – Xait, a global provider of document collaboration and proposal software backed by Main Capital Partners (“Main”), has acquired a majority stake in SAE GmbH (“SAE”), a Germany-based provider of CPQ (Configure, Price, Quote) and variant management software. The acquisition marks an important milestone in Xait’s international growth strategy and strengthens its position within the CPQ segment.

Founded in 2000 and headquartered in Weng, Germany, SAE provides a modular CPQ and variant management platform that enables manufacturers of complex, highly configurable products to automate configuration, pricing and quotation processes. The platform integrates seamlessly with enterprise systems such as SAP and is primarily used by industrial and manufacturing companies across sectors including machinery, plant engineering, industrial equipment and automotive-related industries.

The combination represents a strong strategic fit for Xait, expanding its capabilities in CPQ while adding deep expertise in SAP-centric environments. The acquisition establishes Xait’s first significant presence in the DACH region and strengthens its position within the manufacturing vertical, supporting the company’s ambition to build a leading international software platform across Europe and the United States.

This transaction marks Xait’s first add-on acquisition since partnering with Main Capital Partners. Xait currently operates across Norway, France, the UK and the United States, serving a global customer base with its document collaboration and proposal solutions. The addition of SAE enhances the group’s product offering and creates opportunities for cross-selling and further international expansion.

Susanne Henkel, CEO of SAE, commented: “Joining forces with Xait marks an exciting new chapter for SAE. We share a strong vision around enabling complex sales processes through software, and together we are well-positioned to accelerate growth and deliver even greater value to our customers.”

Eirik Gudmundsen, CEO of Xait, added: “We are very pleased to welcome SAE to the Xait Group. The company brings strong CPQ capabilities, particularly within the SAP ecosystem, and a solid customer base in the manufacturing sector. This acquisition is an important step in our strategy to expand internationally and strengthen our position as a trusted provider of document collaboration and CPQ solutions.”

Wessel Ploegmakers, Partner & Head of Nordics at Main, concluded: “The acquisition of SAE is a strong first step in Xait’s buy-and-build strategy. SAE adds complementary technology, a high-quality customer base, and a strong foothold in the DACH region. We look forward to supporting Xait in further building an international platform within document collaboration and CPQ software.”

Nothing contained in this Press Release is intended to project, predict, guarantee, or forecast the future performance of any investment. This Press Release is for information purposes only and is not investment advice or an offer to buy or sell any securities or to invest in any funds or other investment vehicles managed by Main Capital Partners or any other person.

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About SAE
https://www.sae-portal.de/en

SAE, founded in 2000 and headquartered in Weng, Germany, is a software company specializing in CPQ (Configure, Price, Quote) and variant management solutions. The company provides a modular platform that enables manufacturers of complex, highly configurable products to automate configuration, pricing and quotation processes, while integrating with enterprise systems such as SAP. SAE serves a customer base of industrial and manufacturing companies across sectors such as machinery, plant engineering and industrial equipment.

About Xait
https://www.xait.com/

Founded in 2000 and headquartered in Stavanger, Norway, Xait is a provider of collaborative document solutions, offering complex document creation and CPQ (Configure, Price, and Quote) services to a global blue-chip client base. With approximately 90 employees across offices in Norway, the United States, the United Kingdom, and France, Xait delivers a suite of software products designed to support the efficient creation and management of complex business documents and processes. The company serves more than 300 clients, primarily across the energy and renewables, capital goods, and business services sectors.

About Main Capital Partners
Main Capital Partners is a software investor managing private equity funds active in the Benelux, DACH, France, the Nordics, and North America with approximately EUR 7 billion in Assets under Management. Main has over 20 years of experience in strengthening software companies and works closely with the management teams in their portfolio as a strategic partner to achieve profitable growth and larger international software groups. Main has approximately 95 employees operating out of its offices in The Hague, Düsseldorf, Stockholm, Antwerp, Paris, and an affiliate office in Boston. Main maintains an active portfolio of over 55 software companies. The underlying portfolio employs approximately 15,000 employees. Through its Main Social Institute, Main supports students with grants and scholarships to study IT and Computer Science at Technical Universities and Universities of Applied Sciences.

The sender of this release is Main Capital Partners.

For more information please contact:

Main Capital Partners
Sophia Hengelbrok
PR & Communications Specialist
sophia.hengelbrok@main.nl
+31 6 53 70 76 86

Media Contact at Xait
Silje Stensland
Chief Marketing Officer
silje.stensland@xait.com
+47 922 65 803