Main Capital Partners has acquired a majority stake in Ferranti, the Belgium-based software company that supplies mission-critical software platforms to the utilities sector. The deal hands the firm control of an international business already serving customers across more than 12 countries, giving it entrenched relationships in a market where operational software is tightly bound to core workflows.

Main Capital expects the utilities software market to keep growing, since the sector is backed by attractive long-term trends that underpin sustained client spending. Ferranti still occupies a narrow but defensible niche where mission-critical systems embed deeply into daily workflows, making replacements expensive and protecting the recurring revenue that already flows from its broad geographic footprint.

Ferranti's immediate priority is sharpening its MECOMS 365 proposition, a step meant to deepen ties with existing utility clients and expand functionality. The platform serves as the core growth engine for the company, which now expects to layer additional services onto a stable base rather than relying solely on new customer acquisition to drive sales.

The acquisition extends Main Capital's portfolio of specialized software companies and fits its playbook of buying established platforms with loyal users. For investors, the transaction signals continued private equity appetite for vertical software assets that generate predictable cash flows and resist economic cyclicality because customers cannot easily rip out core operational systems.