Main Capital Partners-backed BCS HR Software has acquired Timegrip, a Nordic provider of workforce management solutions. The deal creates a combined organization with €60 million in revenue, positioning the entity as a significant player in the European HR technology market. BCS specializes in HR and payroll software serving multiple market segments across the region.

Timegrip primarily serves SME, mid-market, and enterprise customers with its HR cost control software. The acquisition strengthens BCS's product offerings and expands its geographic footprint in the Nordic region. Both companies target similar customer segments, creating immediate opportunities for cross-selling and integration of complementary solutions.

The deal reflects growing consolidation in the HR technology sector as companies seek to enhance their capabilities through strategic acquisitions. Main Capital Partners continues to build its portfolio through targeted investments in the European HR software space. The combined entity now represents a more comprehensive solution provider for organizations seeking integrated HR and workforce management systems.