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Fortino Capital completed the acquisition of a minority stake in Symbio.

Financials

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Transaction Value-
Consideration TypeCash
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Private

Private Equity

Germany

Cross Border

Minority

Completed

software company

Acquisition

Friendly

Software

Single Bidder

Synopsis

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Fortino Capital, a growth investor in B2B software, completed the acquisition of a minority stake in Symbio, a business process nanagement provider. Financial terms were not disclosed. “We are delighted to be partnering with Fortino as Symbioworld continues to grow. Fortino’s team has specific knowledge and strong experience in the BPM market coupled with a very suitable B2B portfolio. We are at an exciting stage of our development, and Fortino’s expertise will help us to reach our objective of establishing the first employee-centric BPM and QM system. Together, we look forward to accelerating digital transformation of our customers and further scaling Symbio internationally," Oliver Zeller, Symbio Co-Founder and CEO.

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