Bregal-backed Iptor, a supply chain management company, completed the acquisition of TimberTec, a supplier of ERP technology solutions. “Combining our companies signals the start of an ambitious growth plan. With TimberTec’s sector expertise and our existing European and increasingly global footprint and infrastructure, we are perfect growth partners. Jayne and I have long-admired TimberTec – Andreas and Frank have built a great team and culture and we are looking forward to working alongside them to achieve our mutual ambitions," Christopher Catterfeld, Iptor Managing Partner.