Announced

Completed

Fortino Capital completed the investment in BlueRock.

Synopsis

Fortino Capital, a B2B software venture capital and growth equity firm, completed the investment in BlueRock, a company specializing in transportation management systems. Financial terms were not disclosed. “Fortino Capital is dedicated to accelerating the international growth of B2B SaaS vendors and we are committed to supporting extraordinary entrepreneurship. Working with and investing in BlueRock TMS combines both elements. With our knowledge of B2B SaaS solutions and markets, we are exploring the vast international growth possibilities for BlueRock TMS. We strongly believe that together we can achieve even more autonomous growth and add new customer names next to companies like DPD, Vivienne Westwood, PostNL, and Purolator. We see BlueRock TMS as a platform investment with opportunities to broaden the offering with targeted buy-and-build acquisitions. We will leverage our network to identify such opportunities. We are looking forward to working closely with Wouter and the broader team of BlueRock TMS on their global growth,” Ida Kuijken, Fortino Capital Partner.

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