Company profile: Forterro
1.1 - Company Overview
Company description
- Provider of enterprise resource planning (ERP) products and services for mid-market companies, delivering local, industry- and geography-specific systems that automate complex industrial processes. Offers localized support, managed services, education, and partnerships to integrate solutions and keep systems optimized.
Products and services
- ERP Systems: Forterro engineers enterprise-grade ERP products for mid-market enterprises, tailored to specific industries and geographies to automate complex processes in the industrial market with local software
- Managed Services: Forterro delivers outsourced management where its teams manage the software, allowing customers to focus on their core business activities
- Support Services: Forterro supplies localized support aimed at keeping systems optimized for peak performance and resolving issues efficiently for specific industries and geographies
Key contacts
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Financial details
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1.2 - Competitors and similar companies to Forterro
Vitec Software
HQ: Sweden
Website
- Description: Provider of industry-specific business systems and standardized software. Solutions include ERP for global laundry and textile rental; capital market process software in the Nordics and Western Europe; healthcare systems in Finland; operations systems for public visitor facilities and events; digital tools for churches in Norway; and technology/information management for production and maintenance.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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TBI
HQ: United States
Website
- Description: Provider of third-party technology distribution services for the telecommunications and technology sectors, enabling indirect channel partners including VARs, solution providers, integrators, MSPs, distributors and retailers to sell non-consumer IT hardware and software.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Rimini Street
HQ: United States
Website
- Description: Provider of third-party enterprise software support services for Oracle and SAP licensees, including support for SAP, Oracle E-Business Suite, Oracle Database, and Hyperion; managed services for Oracle; and security support for VMware. Offers cost savings, improved response times, support for customizations, regulatory updates, long-term support without upgrades, and protection and compliance.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Tao Digital Solutions
HQ: United States
Website
- Description: Provider of technology services to help businesses thrive in the digital economy, including agile product engineering to accelerate development and market introduction, modern managed services for cloud and on-prem operations, cybersecurity to enhance IT system security against threats and regulatory implications, comprehensive digital payment solutions that reduce transaction fees, digitization to expand data models and data strategy, and cloud services for IT modernization.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full Tao Digital Solutions company profile →
Flexware Innovation
HQ: United States
Website
- Description: Provider of manufacturing efficiency solutions for manufacturers nationwide, delivering MES to integrate control/automation with business systems; Microsoft Dynamics, ERP, cloud and digital transformation services; automation engineering; HMI/SCADA; business intelligence and data analytics; and the LIFT platform connecting AMRs and AGVs with shop floor and enterprise systems.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full Flexware Innovation company profile →
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2.M&A buyers
2.1 Potential strategic acquirers in the sector
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2.2 - Strategic buyer groups for Forterro
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Buyer group 3: ████████ ████████
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3. Investors and private equity firms
3.1 - Buyout funds investing in similar companies to Forterro
2.2 - Growth funds investing in similar companies to Forterro
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4 - Top valuation comps for Forterro
4.2 - Public trading comparable groups for Forterro
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