December 22nd, 2023 – xxllnc, a leading GovTech software provider in the Netherlands, further expands its market position with the addition of document anonymization player, DataMask. With the acquisition of the software company DataMask, xxllnc will be able to further expand its current portfolio of applications and support for local and regional governments. With this, citizens can be served even better around monitoring their privacy. The acquisition of DataMask is the twelfth acquisition for xxllnc since its partnership with strategic software investor Main Capital Partners in 2020.
DataMask is a relatively young company whose software solution anonymizes documents. By bringing this software solution to xxllnc, governments can be offered a total solution for working more efficiently, transparently and securely with privacy-sensitive data.
Using DataMask’s application, organizations themselves are able to anonymize personal data efficiently. In addition to its experience and software-based solution for automating the anonymization process, DataMask also has the necessary legal expertise to provide organizations with a broad range of legal advice on anonymization
The three founders of DataMask remain active in the organization and the broader xxllnc group. xxllnc is a portfolio company of Main Capital Partners, a strategic investor in the software industry focused on accelerating growth and creating value. Earlier this year, Processfive was added to xxllnc, a specialist in providing software and services in the tax domain.
Smart Use of Artificial Intelligence
The addition of DataMask fits within xxllnc’s product strategy of using applications intelligently, for instance by deploying more artificial intelligence. DataMask’s application uses Artificial Intelligence, such as Natural Language Processing and object recognition in imagery, and is configurable to your own preferences. By setting certain rules or templates, commonly used documents can be anonymized in a uniform way.
Addition to xxllnc
With the acquisition of DataMask, xxllnc broadens its applications, capacity and quality in document management and privacy. DataMask’s technology will be integrated into xxllnc’ portfolio within the Productivity team. As DataMask’s and xxllnc’ applications integrate seamlessly, customers benefit from better solutions and support. The integrated approach enables municipalities and regional governments to set up their ICT facilities in a more simplified, flexible and smarter manner.
xxllnc, formerly known as Exxellence Groep, started in 2001 as a spin-off of the University of Twente and grew from Twente into a leading national software supplier with hundreds of employees and a range of total solutions for the Dutch (semi-)government. Customers of xxllnc include Gemeente Den Haag, Gemeente Utrecht, UWV and Gemeente Leiden. A total of twelve software companies have been added since the partnership with Main Capital Partners in 2020.
Michel Veenhuis, CEO of xxllnc, comments: “We have been working with the team at DataMask for an several years now and are very excited about the intensified collaboration that will allow us to further broaden our product offering and strengthen our content.”
Charly Zwemstra, Managing Partner & Chief Investment Officer at Main Capital Partners, concludes: “DataMask is a valuable addition to xxllnc. The combination between xxllnc and DataMask is yet another step for the company to strengthen its position as a complete and innovative player.”