Partners Group to acquire Forterro from Battery Ventures for €1bn.

Partners Group, a global private markets investment manager, agreed to acquire Forterro, an operator of a group of companies that deliver enterprise resource planning software, from Battery Ventures, a technology-focused investment firm, for €1bn ($1.12bn). “Over the past year, we have spent a great deal of time developing strategies for growth and investing in the people and infrastructure we need to achieve a brand new vision—something we’ve been calling ‘Forterro 3.0’. The final piece of the puzzle was partnering with an investor that would share this vision with us, and Partners Group is the right partner for us," Dean Forbes, Forterro CEO.