Goodwin Advises Forterro on Acquisition of 3E
Goodwin has advised Forterro on its acquisition of 3E, a well-established software provider for manufacturers of windows and doors in Germany, France, and Switzerland. The acquisition expands Forterro’s capabilities for small industrial and specialist manufacturers across the European mid-market and further strengthens a category it has been actively building through recent acquisitions including Orgadata, BM Group, and Klaes. The deal is expected to close in Q2.
Forterro, founded in 2012, has grown into a category leader in software solutions for the industrial market, with strong positions in Europe’s leading production economies as well as regional service hubs and development centers around the world. Across more than 40 office locations, the company’s 2,500+ employees provide and support software solutions for more than 25,000 industrial businesses. Its products are deeply rooted in the demands of their local geographies and are designed to strengthen and accelerate customers’ ability to operate efficiently and compete effectively.
Goodwin’s cross-border team consisted of Dr. Markus Käpplinger, Gretchen Scott, Robert Jochim, Bastian Schmack, Philipp Lauer, Rachel Thurbon, Joseph Ndep, Holly Leonard-Morgan, Laura Robez-Masson, Elea Poiree, Arthur Taveau, Lim Carmen, Luisa Feye, Douglas Vollmer, and Nadine Gommel.
For more information on the deal, please read the press release.