Forterro expands its Swiss market footprint with acquisition of Proffix Software AG

Photo: Top from left to right: Bruce Trewhella, SVP, Mergers & Acquisitions | Forterro; Peter Herger, Chief Executive Officer | Proffix; Marcus Pannier, President, Central Europe | Forterro; Bottom from left to right: Emmanuel Moritz, Vice President, Mergers & Acquisitions | Forterro; Baldassare Nastasi, BoD, Founder | Proffix; Robert Caduff, BoD, Founder | Proffix; Guy Thouin, Chairman | Proffix
 

FORTERRO EXPANDS ITS SWISS MARKET FOOTPRINT WITH ACQUISITION OF PROFFIX SOFTWARE AG

Proffix adds over €8m in revenue and more than 2,500 active customers to Forterro

London, UK, August 16, 2023

Forterro®, a European provider of software solutions to more than 11,000 small and mid-sized industrial companies, today announced its acquisition of Proffix Software AG (Proffix), a Swiss software provider offering integrated ERP solutions suitable for various industries like wholesale and retail, services or manufacturing meeting specific market requirements of Swiss SMEs. 

Proffix’s industry-independent, modular software enables the digital transformation of all business processes in accounting, administration, human resources, commerce and service delivery and is already used by more than 2,500 active customers throughout the Swiss German market.

Proffix is a further step in Forterro’s expansion in the Central Europe region and underscores its commitment to the Swiss market, following last year’s investment in mid-market ERP provider Myfactory.

“We want to express a heartfelt welcome to Proffix, along with its employees and customers,” said Dean Forbes, CEO of Forterro. 

“Proffix and its products align seamlessly with Forterro's vision, further solidifying our position as a provider of industry-leading software for industrial small and medium-sized enterprises (SMEs) in Europe.”

Marcus Pannier, President of Forterro Central Europe confirmed: “Forterro offers a wide range of solutions tailored for the midmarket sector, encompassing various local and vertical industry solutions. Notably, Proffix excels in serving the Swiss German-speaking region, complementing our previous acquisition of DACH-focused Myfactory last year.”

Peter Herger, CEO and co-founder of Proffix, will step back from the business after a transition period. He will be handing over to his well-established leadership team to work with Forterro on the next phase of growth for Proffix. 

"I have always been an entrepreneur at heart and proud of how we developed our company, Proffix, as an independent SME. However, with the increasing complexity, we are slowly reaching our limits, and we have decided that it's time to bring on board a strong partner. And with Forterro, we have found that partner. We are a people business, and during the acquisition process, we realised that Forterro also prioritises its people, making the decision an easy one."

Co-founders Baldassare Nastasi and Robert Caduff will remain part of the new Forterro team and Jürg Danuser, CTO of Proffix, will continue to lead the ERP software development part. 

“I am very much looking forward to working with the Forterro team, as we need a strong partner at our side to accelerate our growth and the cloud transformation of our product. Forterro brings exactly this expertise and power. I am excited about our journey ahead together.”

About Proffix

Proffix is a true Swiss SME software, developed by experienced finance and IT specialists to meet the needs of the many SMEs in Switzerland. With Proffix, all business processes of a company can be controlled via a central database. The SME software is industry-independent, modular in design and offers an attractive price-performance ratio. With more than 2,500 active customers, Proffix is one of the most successful ERP software businesses in the Swiss SME market. Proffix Software AG has its headquarters in Wangs (Canton St. Gallen) with branch offices in Wetzikon (Canton Zurich), and in Steinhausen (Canton Zug), and distributes its software through 39 sales partners in Switzerland. For more information on Proffix and its solutions, visit www.proffix.ch.

About Forterro

Founded in 2012, Forterro is a category-leading provider of specialised software products and services for the industrial market.