Announced
Completed
Financials
Tags
Private
Private Equity
Germany
Cross Border
Minority
Completed
software company
Acquisition
Friendly
Software
Single Bidder
Synopsis
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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