Banyan Software, a leading acquirer and permanent home for great software businesses, announces the acquisition of SmartDocuments, marking Banyan’s first entry into the Benelux region. SmartDocuments specializes in automated document creation (ADC) and template management, currently supporting the automation of over 200 million documents per year.
Founded in 1994 by Marco Drost, SmartDocuments began as a project-based document automation company primarily serving local government and municipality customers before evolving in the 2000s to offer a software solution. Today, the company offers a cloud-based SaaS solution, enabling organizations and IT partners across multiple industries to automate and standardize interactive documents and high-volume document output, enhancing operational efficiency, scalability, and compliance.
Marco will continue as CEO of SmartDocuments, leading the company forward with Banyan’s support to drive further product development as well as geographic, vertical, and channel expansion.
This acquisition reflects Banyan’s commitment to expanding its presence and fostering strong partnerships with innovative software companies in the Benelux region.
About SmartDocuments. Founded in 1994, SmartDocuments is an automated document creation (ADC) and template management platform focused on interactive documents and high-volume document output use cases, helping automate over 200 million documents per year. The SmartDocuments platform enables organizations across multiple verticals to automate and standardize interactive documents and high-volume document output to drive efficiency, with additional gains from scalability, consistency, and compliance. For more information, please visit smartdocuments.com
About Banyan Software, Inc. Banyan Software provides the best permanent home for successful enterprise software companies, their employees, and customers. Banyan’s mission is to acquire, build, and grow great enterprise software businesses all over the world with dominant positions in niche verticals. Founded in 2016, the company follows a buy-and-hold-for-life strategy, and is set up with a permanent capital base to preserve the legacy of founders. As a purpose-driven company, Banyan is committed to making an enduring, positive impact on the world. The company is one of North America’s fastest-growing private businesses with offices across the US, Canada, the UK, EU and APAC.
