Battery Ventures completed the acquisition of a 10% stake in Forterro from Partners Group.

Battery Ventures, an investment firm, completed the acquisition of a 10% stake in Forterro, a group of companies that deliver ERP software to SMEs, from Partners Group, a global private markets investment manager. Financial terms were not disclosed. “With the vast opportunities for continued growth, and a deep belief in the vision shared by Forterro CEO Dean Forbes and its new lead investor, Partners Group, we are excited to double down on Forterro during its next chapter, deploying new capital into the business,” Dave Tabors, Battery Private Equity Partner .