We now employ more than 1,600 people across our 40 offices, regional service hubs and development centres around the world. These teams support our growing customer community, by providing an ever-expanding, diverse range of specialised local and vertical software products for the industrial market. And they are driving a consistent trajectory of revenue growth and strong financial performance – coupled with an impressive track record of execution, value creation and strong product roadmaps for digital transformation.
In early 2022, Forterro was acquired by Partners Group in a €1 billion deal. The investment accelerated what we call our 'Forterro 3.0' strategy – a journey to become a unified, subscription-based and cloud-ready software provider, with an even broader range of capabilities to serve the industrial market. Shortly after the transaction was complete, previous owner Battery Ventures retained a smaller yet significant reinvestment in Forterro – demonstrating our value and growth potential.
As part of smaller businesses with one- or two-product portfolios, our solutions didn’t always have the financial or human resources to deliver on transformational growth plans. But at Forterro there is a wealth of know-how, infrastructure and capital that can be leveraged to improve operations, uncover new market opportunities and drive value creation – all while staying true to the values that made the software a market leader in the first place.
Forterro’s product and market experts across Europe and around the world share a passion for the industrial mid-market. They work daily to evolve our software and services to solve similar problems for similar customers. And they’re evaluating the shared potential of opportunities presented by new technologies. As part of our organisation, you’d have access to that innovation – which can positively impact your roadmap and fast-track the features your customers have been asking about for years.
Our goal is to make great software products even greater. As your potential partner, we are committed to appreciating and understanding your brand equity, listening to the experience and judgement of your teams, protecting the investments of your customers, and building on your established success. Forterro's strategy has never been, nor ever will be, a race to a single product. We deliver specialisation, championing each of our products in its local geogprahy or market vertical – today, tomorrow and beyond.
New brand message and identity launched to the market, signalling the next stage of accelerated growth as one unified Forterro organisation.
Swiss market footprint expands with the acquisition of Proffix Software AG – adding more than €8 million in revenue and more than 2,500 active customers to the business.
Forterro expands in the UK market with the acquisition of Wise Software – adding nearly £18 million in revenue and 1,000 customers to the portfolio.
Partners Group, a leading global private markets firm, acquires Forterro for €1 billion from Battery Ventures – which itself retains a reinvestment in the company.
Forterro structures for accelerated growth in Europe by appointing presidents to oversee its Central, Northern and Western Europe regional divisions.
Presence in Germany is expanded through the acquisition of a reseller for our Abas product, while a new Service Centre opens in Bulgaria.
Forterro acquires cloud ERP software provider Myfactory, nearly doubling its customer count and total addressable market in DACH.
The Abas product line expands in DACH with the acquisition of its reseller in norther Germany – a partner for nearly 30 years.
Forterro enters the UK market with the acquisition of 123Insight, a provider of subscription-based MRP and ERP solutions.
Dean Forbes and Paul Smolinski are appointed CEO and CFO of Forterro respectively, bringing European-based executive leadership to the business.
Acquisition of Abas, software for mid-market manufacturers and distributors, sees Forterro enter the German market for the first time.
Forterro acquires Silog, a leading supplier of ERP software for small and mid-market industrial manufacturers in France.
French market footprint continues to grow with the acquisition of Clip Industrie – home of the Clipper and Helios ERP products.
A fifth acquisition, and first in central-eastern Europe, takes place – with Polish ERP provider BPSC joining the Forterro solutions suite.
Forterro acquires Sylob in France, adding locally built, full-service cloud products to its growing ERP offering for the industrial mid-market.
The creation of a group holding company establishes the Forterro name and its first brand identity in Europe.
Forterro, then operating as Jeeves, acquires SolvAxis – which will come to be known as ProConcept in the Forterro product range.
Jeeves adopts a direct customer base and professional services capabilities with the acquisition of its largest partner, Infocube.
Battery Ventures founds what will become known as Forterro with the private takeover of Jeeves Information Systems AB.
