Battery Ventures-backed Forterro acquired abas Software.

Battery Ventures-backed Forterro, a group of European ERP software companies, acquired abas Software, a privately held ERP vendor. Financial terms were not disclosed. “abas is an important strategic milestone for Forterro, as it marks our eighth European ERP software acquisition, and our initial entry into the German market, Europe’s largest manufacturing economy,” said Jeff Tognoni, CEO of Forterro. “With the acquisition of abas, we gain a strong product and brand, a large and loyal customer base, and a talented team of product and market experts—all qualities that abas shares with Forterro’s existing businesses. We are extremely excited to begin working more closely with the abas team to elevate abas’ status as an international leader in manufacturing ERP.”