Proffix joins Forterro
European software solutions provider Forterro has announced the acquisition of Proffix Software AG (Proffix). With the industry-independent modular ERP software, Forterro complements its portfolio in the strong Swiss SME segment of small and medium-sized trading, service and manufacturing companies and gains access to an established partner network and more than 2,500 active customers in German-speaking countries.
Forterro, headquartered in London, is strategically investing in industrial mid-market software companies that need a partner to develop and grow in the face of digital transformation and today's challenges such as skills shortages. The acquisition of Proffix is therefore to be seen as a further step in Forterro's expansion in the Central Europe region. It underscores the company's commitment to the Swiss market, where it already has a presence through last year's investment in mid-market ERP provider myfactory, according to a statement. "We extend a warm welcome to Proffix, their employees, partners and customers," said Dean Forbes, CEO of Forterro. "Proffix and their products fit seamlessly into Forterro's vision and solidify our position as the leading provider of software solutions for small and medium-sized businesses in Europe." Marcus Pannier, president of Forterro Central Europe, adds, "Proffix stands out in particular for its service to German-speaking Switzerland, complementing our acquisition last year of myfactory in the DACH market."
Ensuring sustainable growth
Peter Herger, CEO and co-founder of Proffix, says about the decision: "I have always been a wholehearted entrepreneur and am very proud of how we have developed our company as an independent SME to this day. However, with the increasing complexity and pace of technological development, we have visibly reached our limits and have therefore decided to bring a strong strategic partner on board. With Forterro we have found this partner. During the acquisition process, it became clear that Forterro focuses on its employees and personal relationships, which is in line with our deeply rooted culture and ultimately made the decision easier for us."
Key management personnel remain with the company
Peter Herger will accompany the transition period and then retire from the company. He will hand over a well-established leadership team to work with Forterro on the next growth phase of Proffix. 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 division. Commenting on the acquisition, he says: "I am very much looking forward to working with the Forterro team. We need a strong partner at our side to accelerate our growth and the cloud transformation of our product. Forterro brings exactly that strength, expertise and experience. I am excited about our journey together."
Source and further information: Proffix / Forterro
