Add-on Acquisition • Software

Forterro Acquires Sylob SAS

On May 11, 2016, Forterro acquired software company Sylob SAS

Acquisition Context
  • This is Forterro’s 1st transaction in the Software sector.
  • This is Forterro’s 1st transaction in France.

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M&A Deal Summary

Date May 11, 2016
Target Sylob SAS
Sector Software
Buyer(s) Forterro
Deal Type Add-on Acquisition

Target Company

Sylob SAS

Cambon d'Albi, France
Sylob SAS is a supplier of ERP software for small to midmarket manufacturers of industrial products in France. Sylob has developed and implemented ERP software solutions exclusively for industrial SMEs in France. Sylob serves an active community of users across a wide range of industries, including aerospace and defense, automotive, electronics, industrial machinery, plastics, and jewelry. The company’s product and service offerings, developed in close collaboration with its growing customer base, have been designed to meet the process requirements and technology standards of small and midmarket manufacturers.
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Buyer Overview 1

Buyer

Forterro

London, United Kingdom

Category Company
Founded 2012
Sector Software
DESCRIPTION

Forterro is a group of companies that deliver ERP software to SMEs in specialized geographical or vertical markets. Forterro operates business units in Sweden, Switzerland and France, as well as regional office locations and research and development centers around the world. Forterro was founded in 2012 and is headquartered in London, England.


Deal Context for Buyer #
Overall 1 of 6
Sector: Software 1 of 6
Type: Add-on Acquisition 1 of 6
Country: France 1 of 3
Year: 2016 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-02-03 Biuro Projektowania Systemów Cyfrowych SA

Chorzów, Poland

Biuro Projektowania Systemów Cyfrowych SA is a supplier of Polish-made ERP software for medium and large manufacturers, distributors, and service companies in Poland. BPSC’s flagship solution, Impuls EVO, brings together production, MRP, logistics, finance, sales, and personnel functionality to deliver an ERP system that meets the needs of more than 700 industrial companies throughout Poland. The company also recently introduced an HR management software solution called mHR EVO.

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