Partners Group Buys ERP Software Roll Up Company Forterro from Battery Ventures

Posted on 03/07/2022


London-based Forterro is a European provider of ERP software and services for the industrial midmarket. On March 1, 2022, Partners Group AG, acting on behalf of its clients, acquired the company from Battery Ventures for €1 billion. The deal was signed in late February 2022 and is set for completion following the necessary clearances. Forterro has grown to employ more than 1,200 employees who work from over 40 office locations around the world. Battery Ventures has backed Forterro since 2012. Forterro is a group of companies that deliver ERP software to SMEs in specialized geographical or vertical markets. Complimentary acquisitions during Battery Ventures’ investment period include 123insight, Abas Software AG, BPSC, Clip Industrie, Infocube, Jeeves, MyFactory, ProConcept SA, Silog, and Sylob.

Advisors
Arma Partners acted as an exclusive financial advisor to Forterro on the transaction.

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