Innovation Management: Main Capital subsidiary HYPE merges with Planbox
Düsseldorf — The merger of HYPE and Planbox creates one of the largest international providers of innovation management software, with a turnover of almost 30 million euros. — Planbox is the fourth acquisition of HYPE Innovation, a subsidiary of Main Capital since 2019, and demonstrates the internationalization of its portfolio companies in North America.
This strategic partnership benefits from Planbox’s expertise in full lifecycle innovation portfolio management, emerging tech empowerment and ecosystem enablement. With more than two decades of experience, Planbox has an impressive portfolio of 400 implementations, over 5 million engaged participants and a $10 billion ROI for its clients. The company’s AI-powered, cloud-based agile innovation solutions have been instrumental in improving the business results of internationally recognized brands Bayer, Anglo American, Doosan Bobcat, Novartis, Electrolux Professional, and Honeywell. Since the merger with Brainbank Software in 2015, Planbox has taken a leading position in the industry and achieved top rankings in analyst reports, most notably in the Forrester Wave 2020.
Frank Henningsen, CEO of HYPE Innovation, said: “Our journey began with a vision to change the way companies innovate. Joining forces with Planbox solidifies this vision by combining more than two decades of insight, technology and passion. As the boundaries between regions and markets continue to blur, our combined expertise is a model for global innovation, ensuring that our clients not only adapt, but thrive in this dynamic landscape. We have seen how tectonic market shifts can redefine entire sectors. With this merger, we will usher in a new era of innovation management for the world.”
In view of the increasing importance of generative AI, the merger is setting new industry standards for innovation management systems. HYPE’s AI competencies, such as the innovation network graph, AI-based data research and AI management, are now enhanced and enriched by powerful features from Planbox. The resulting best-in-class platform represents a transformative change in the innovation management environment and marks the beginning of a new chapter where human creativity, artificial intelligence and governance come together to unlock unprecedented innovation potential. It simplifies processes, enables efficient use of resources and bridges gaps between front-end innovation work and back-end processes and systems.
Ludwig Melik, CEO of Planbox, added: “In the fast-changing global market, it’s not just about surviving, it’s about outperforming. Our combined strengths are more than just a strategic alliance — they are a commitment to our customers. Together, we are creating an environment in which companies are able to be future-ready by pre-emptively adapting to and benefiting from market changes rather than simply reacting to them. With our expanded capabilities, we envision a future where innovation management becomes the cornerstone of every successful business.”
Together, HYPE Innovation and Planbox want to revolutionize the innovation management industry, offer companies worldwide added value and open up new opportunities for growth and success. In addition, customers benefit from an extended network of partners, employees and experts that the Group makes available to promote opportunities for collaboration and the exchange of experience and to accelerate their innovation efforts.
Sven van Berge Henegouwen, Managing Partner and Head of the DACH region at Main Capital Partners, concluded: “HYPE Innovation has become a leading software specialist in the enterprise innovation management software market. North America is a very strategic market for HYPE and we are pleased to support the company during this critical growth phase. We believe that the combination of HYPE and Planbox creates a strongly positioned group with a promising future.”
About HYPE Innovation
HYPE Innovation is a leading provider of software and consulting in the field of innovation management and offers a comprehensive platform for the entire life cycle of your innovation program. HYPE’s solutions include end-to-end ideation, technology and trend management, startup scouting, innovation partner management and ecosystem engagement. As a leader in innovation management, HYPE enables clients to identify opportunities, foster collaboration and achieve strategic goals — from growth to cost savings to sustainable transformation — to excel in innovation.