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Forterro

Full company profile

uuid0004t3s

Namestring
Forterro
Legal namestring
Forterro Sweden AB
Websiteurl
forterro.com
Company typeenum
Private
Founded yearint
2012
Descriptiontext

Forterro delivers specialized enterprise resource planning (ERP) and industrial software to mid-market businesses across Europe, with a portfolio of 20+ products including Abas (DACH manufacturers and distributors), Myfactory (DACH cloud ERP for SMEs), Orderwise (UK warehouse and wholesale), Sylob and Silog (French industrial mid-market), Jeeves (multi-industry), Proffix and ProConcept (Swiss mid-market), 123Insight (UK discrete manufacturing), BPSC (Central-Eastern Europe), and Clipper/Helios (France). The company has expanded beyond core ERP into adjacent software categories through acquisitions: TARGIT (business intelligence), Inology and Tickelia (expense and time management), Prodaso and DeepPRO (digital twin and anomaly detection for manufacturing), and Orgadata, Klaes, 3E, Logikal, and Evolution (windows, doors and façades vertical). The MyForterro cloud platform and AWS partnership underpin the cloud-first strategy, while the blp partnership adds AI-supported document automation.

Short descriptiontext

Forterro delivers specialized ERP and industrial software to 25,000+ mid-market manufacturers, wholesalers, and retailers across Europe via 20+ acquired product brands including Abas, Myfactory, Orderwise, and Sylob, generating €375M FY2025 revenue with 80% recurring.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
1,001–5,000
akta.pro rankint
HeadquartersAustin, United States
HQ citystring
Austin
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices11 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
industrial ERP software, cloud ERP solutions, manufacturing software, fenestration software, business intelligence software
Industry2 codes
1Distribution & Wholesale ERP (Inventory, Order, Warehouse)
CodeHDAEAEACPrimaryYes
2Product Information Management (PIM), Digital Shelf & Content Syndication Services
CodeCRAOAOAHPrimaryNo
NAICS code2 codes
  • Software Publishers51321
  • Computer and Computer Peripheral Equipment and Software Merchant Wholesalers42343
SIC code1 code
  • Wholesale-Professional & Commercial Equipment & Supplies5040
Product category
Enterprise Resource Planning (ERP) Software for Industrial Mid-Market
Social media profiles3 records
GTM motion3 records

Each record includes

Type, Description, Source

Revenue model4 records
1Subscription/Cloud Revenue
TypeSubscription Recurring
Description

Forterro generates recurring revenue through subscription-based cloud ERP solutions. The company has reported strong recurring revenue growth, with ARR growing 14% and recurring revenue reaching 80% of total revenue in Q1 2026. Cloud bookings increased 61%, highlighting the accelerating shift towards scalable, subscription-based solutions.

forterro.com
2Software Licenses and Support
TypeSubscription Recurring
Description

Traditional on-premise ERP software sales with ongoing support and maintenance services. The company has grown from on-premise solutions in the Nordics to multi-product pan-European cloud-first offerings.

forterro.com
3Professional Services
TypeProfessional Services
Description

Implementation, configuration, custom development, and ongoing services including technical upgrades and packaged solutions based on Forterro Service Points (FSPs).

forterro.com
4Managed Services
TypeManaged Services
Description

Monitoring, infrastructure maintenance, upgrades, and data management services to help customers focus on core business activities.

forterro.com
Marketing channels7 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels4 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure
Pricing details1 tier
1Cloud ERP subscriptions for industrial mid-market
ModelSubscriptionBilling cadenceAnnual
Notes

Forterro offers cloud-based ERP solutions on a subscription basis. Cloud bookings increased 61% in Q1 2026, demonstrating strong adoption of the subscription model.

forterro.com
GTM typeB2B
B2B
Offering typeSoftware
Software
Brand1 of 21 records shown
1123Insight
Description

SaaS ERP solution for discrete manufacturers providing control, visibility and traceability in operations.

forterro.com
+20 more records
Core offering1 text field

Forterro sells a portfolio of specialised cloud and on-premise ERP, MRP, MES, WMS, BI, and fenestration software products, together with implementation, support and managed services, to industrial mid-market businesses across Europe. The software is sold primarily on subscription, with 80% of total revenue being recurring and cloud bookings growing 61% in Q1 2026.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 7 values shown
  • 94% customer retention rate, well above industry averages
+6 more records
Product overview1 text field

Forterro is a multi-product pan-European software company offering a portfolio of specialized ERP, BI, and industry-specific solutions for the industrial mid-market, rather than a single unified product. The portfolio comprises: ERP products for specific geographies (123Insight UK, Abas Germany, BPSC Central-Eastern Europe, Clipper/Helios France, Garp Sweden, Jeeves multi-industry, Myfactory Switzerland, Orderwise UK warehouse, Proconcept Switzerland, Proffix Switzerland, Silog France, Sylob France); AI and IoT capabilities (Prodaso with DeepPRO digital twin technology); Business Intelligence (TARGIT acquisition); specialized Windows & Doors solutions (3E Look, Evolution, EvoNET, Klaes, Logikal, Logikal MES, SimplyTag, Quotila, Unilink, Orgadata); and cloud ERP for small manufacturers (Fortee). These products operate as distinct regional brands unified under the Forterro umbrella, connected through the MyForterro cloud platform, serving manufacturing, warehousing, wholesale, and retail across 25,000+ industrial customers.

Product and service24 records
1123Insight
CategoryAcquired ERP brand
Description

End-to-end MRP and ERP SaaS solution for discrete manufacturers in the UK market, providing control, visibility and traceability across operations.

2Abas
CategoryAcquired ERP brand
Description

ERP software for mid-market manufacturers and distributors in German-speaking markets, including a cloud-ready platform with AI early adopter programme capabilities.

3BPSC
CategoryAcquired ERP brand
Description

ERP provider serving central-eastern European industrial mid-market companies with locally adapted solutions.

4Clipper
CategoryAcquired ERP brand
Description

ERP solution for French industrial businesses, part of the Clip Industrie product line acquired in 2017.

5Fortee
CategoryCore cloud ERP product
Description

Cloud ERP solution for small manufacturers, designed as a core component of Forterro's cloud-first industrial mid-market offering.

6Garp
CategoryAcquired ERP brand
Description

ERP solution for industrial businesses in Sweden, part of Forterro's Nordic portfolio serving Ekeby Möbler and similar customers.

7Helios
CategoryAcquired ERP brand
Description

ERP product for the French industrial sector, part of the Clip Industrie portfolio acquired in 2017.

8Jeeves
CategoryAcquired ERP brand
Description

Multi-industry ERP solution serving various industrial verticals, originally Jeeves Information Systems AB, the founding product of the Forterro group.

9Myfactory
CategoryAcquired ERP brand
Description

Cloud ERP provider for SMEs in the DACH region, nearly doubling Forterro's customer count and total addressable market upon acquisition in 2021.

10Orderwise
CategoryAcquired ERP brand
Description

Warehouse and distribution management ERP for UK mid-market wholesale, distributors and B2B ecommerce organisations; shortlisted for Cloud Product of the Year at the National Technology Awards 2025.

11Proconcept
CategoryAcquired ERP brand
Description

Swiss ERP solution for industrial businesses, originally SolvAxis before acquisition and rebranding into the Forterro product range.

12Prodaso (DeepPRO)
CategoryAcquired AI/IoT brand
Description

IoT and AI manufacturing software featuring DeepPRO digital twin technology and anomaly detection to reduce manufacturing downtime and waste.

13Proffix
CategoryAcquired ERP brand
Description

Swiss integrated ERP solutions provider for SMEs, serving small and mid-sized industrial and service businesses.

14Silog
CategoryAcquired ERP brand
Description

ERP software for small and mid-market industrial manufacturers in France, acquired in 2018.

15Sylob
CategoryAcquired ERP brand
Description

French cloud ERP product for industrial mid-market, added as a locally built full-service cloud offering through the 2016 acquisition.

163E Look
CategoryFenestration software
Description

End-to-end digitalisation ERP solution with industry-specific functionality for window manufacturers, covering quotations, orders, costing, materials management, production control and mobile solutions.

17Klaes
CategoryAcquired fenestration brand
Description

Software for craft-driven and industrial window, door and façade manufacturers across aluminium, PVC and wood.

18Logikal
CategoryFenestration software
Description

CAD/CAM software for the fenestration industry, supporting design and planning for aluminium, steel and PVC fabricators in commercial and residential markets.

19Logikal MES
CategoryFenestration software
Description

Manufacturing execution system for the fenestration industry enabling paperless, digitised production from design to installation for façade and aluminium projects.

20Orgadata
CategoryAcquired fenestration brand
Description

Software specialising in the windows, doors and curtain wall sector, operating as the Forterro Windows & Doors division headquartered in Leer, Germany.

21TARGIT
CategoryAcquired BI brand
Description

Danish business intelligence and analytics software serving over 1,000 SME customers across Europe and North America.

22Tickelia
CategoryAcquired financial software
Description

AI-powered expense management solution used by over 250,000 users across Spain and Portugal as part of Inology within the MyForterro platform.

23Professional Services
CategoryService
Description

Implementation, configuration, custom development, technical upgrades, and packaged solutions based on Forterro Service Points (FSPs) to help customers achieve business goals.

24Managed Services
CategoryService
Description

Monitoring, infrastructure maintenance, upgrades, and data management services that allow customers to focus on core business activities.

Scale indicator15 records

Each record includes

Type, Value, Description, Source

Partnership2 partners
1blp
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2025-10-01
Description

Partnership with blp, a Swiss-based spin-off of ETH Zurich, to offer AI-supported automation of ERP processes for incoming and outgoing documents. This expands Forterro's ecosystem with strategic best-of-class partners.

forterro.com
Strategic tierCoreTypeTechnology or IntegrationAnnounced on2025-01-01
Description

Strategic partnership with AWS to offer the Forterro Cloud Suite on AWS. This partnership supports Forterro's cloud-first strategy with the midmarket's increasing adoption of cloud technologies.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

UK-headquartered provider of accounting and ERP software to SMBs and mid-market businesses across Europe, with overlapping customer segments in industrial and distribution verticals. Direct overlap with Forterro's UK and European mid-market ERP positioning.

TypeDirect peer
Description

Global provider of industry-specific ERP software focused on manufacturing, distribution, retail and services for the mid-market. Directly competes with Forterro in industrial mid-market ERP with similar vertical specialization.

3IFS
TypeDirect peer
Description

Enterprise and mid-market ERP software vendor with deep specialization in asset-heavy industries such as manufacturing and aerospace. Comparable industrial vertical focus and mid-to-large enterprise customer profile.

TypeDirect peer
Description

Cloud-based industry-specific ERP and business applications for mid-market manufacturers and distributors, with strong European presence. Highly comparable in vertical specialization and industrial mid-market target.

TypeDirect peer
Description

Provider of ERP and supply chain solutions focused on global manufacturers, particularly in industrial and consumer products verticals. Competes for the same industrial mid-market ERP opportunities as Forterro.

TypeBroad incumbent
Description

Cloud-native ERP platform from Microsoft targeting SMB and mid-market segments globally. A primary competitive threat given its modern cloud architecture and bundled Microsoft ecosystem value proposition.

TypeBroad incumbent
Description

Global ERP leader with mid-market offerings (SAP Business One and S/4HANA Cloud) targeting industrial and wholesale-distribution customers. Competes with Forterro at the upper mid-market and for multi-country rollouts.

TypeDirect peer
Description

ERP software vendor specializing in manufacturing and distribution for small-to-mid-market businesses, with deep vertical functionality. Directly comparable in target customer profile and product scope.

TypeRegional player
Description

Nordic-headquartered provider of business software and ERP solutions to SMBs and mid-market across Northern Europe. Strong regional overlap with Forterro's Nordic and Benelux footprint.

TypeEmerging player
Description

Open-source/cloud ERP suite gaining traction among SMBs and lower mid-market in Europe with modular apps covering manufacturing, inventory, accounting and commerce. Emerging competitive threat to traditional mid-market ERP players like Forterro.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers19 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment4 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI capability7 records

Each record includes

Type, Description, Source

AI maturity
App detail

Has app

Feature4 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles14 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries23 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds1 record

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors1 record

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A17 records

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Forterro

Enterprise Resource Planning (ERP) Software for Industrial Mid-Marketforterro.com

Forterro delivers specialized ERP and industrial software to 25,000+ mid-market manufacturers, wholesalers, and retailers across Europe via 20+ acquired product brands including Abas, Myfactory, Orderwise, and Sylob, generating €375M FY2025 revenue with 80% recurring.

What Forterro does

Forterro delivers specialized enterprise resource planning (ERP) and industrial software to mid-market businesses across Europe, with a portfolio of 20+ products including Abas (DACH manufacturers and distributors), Myfactory (DACH cloud ERP for SMEs), Orderwise (UK warehouse and wholesale), Sylob and Silog (French industrial mid-market), Jeeves (multi-industry), Proffix and ProConcept (Swiss mid-market), 123Insight (UK discrete manufacturing), BPSC (Central-Eastern Europe), and Clipper/Helios (France). The company has expanded beyond core ERP into adjacent software categories through acquisitions: TARGIT (business intelligence), Inology and Tickelia (expense and time management), Prodaso and DeepPRO (digital twin and anomaly detection for manufacturing), and Orgadata, Klaes, 3E, Logikal, and Evolution (windows, doors and façades vertical). The MyForterro cloud platform and AWS partnership underpin the cloud-first strategy, while the blp partnership adds AI-supported document automation.

Forterro firmographics

Firmographics
Name
Forterro
Legal name
Forterro Sweden AB
Website
https://forterro.com
Company type
Private
Founded year
2012
Operating status
Operating
Headcount range
1,001–5,000 employees
Short description
Forterro delivers specialized ERP and industrial software to 25,000+ mid-market manufacturers, wholesalers, and retailers across Europe via 20+ acquired product brands including Abas, Myfactory, Orderwise, and Sylob, generating €375M FY2025 revenue with 80% recurring.
Ownership category
akta.pro rank

Forterro industry classification

Industry
Product category
Enterprise Resource Planning (ERP) Software for Industrial Mid-Market
NAICS
Software Publishers (51321), Computer and Computer Peripheral Equipment and Software Merchant Wholesalers (42343)
SIC
Wholesale-Professional & Commercial Equipment & Supplies (5040)
akta.pro primary industry
Distribution & Wholesale ERP (Inventory, Order, Warehouse) (HDAEAEAC)
akta.pro secondary industry
Product Information Management (PIM), Digital Shelf & Content Syndication Services (CRAOAOAH)

Keywords

  • Industrial ERP software
  • Cloud ERP solutions
  • Manufacturing software
  • Fenestration software
  • Business intelligence software

Where Forterro is headquartered

Location

Headquarters

HQ city
Austin
HQ country
United States
HQ region
North America

Offices11 records

Markets served

Forterro business model

Business model
GTM type
B2B
Offering type
Software
Cost components
Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure

Revenue model

  1. Subscription/Cloud Revenue: Forterro generates recurring revenue through subscription-based cloud ERP solutions. The company has reported strong recurring revenue growth, with ARR growing 14% and recurring revenue reaching 80% of total revenue in Q1 2026. Cloud bookings increased 61%, highlighting the accelerating shift towards scalable, subscription-based solutions.
  2. Software Licenses and Support: Traditional on-premise ERP software sales with ongoing support and maintenance services. The company has grown from on-premise solutions in the Nordics to multi-product pan-European cloud-first offerings.
  3. Professional Services: Implementation, configuration, custom development, and ongoing services including technical upgrades and packaged solutions based on Forterro Service Points (FSPs).
  4. Managed Services: Monitoring, infrastructure maintenance, upgrades, and data management services to help customers focus on core business activities.

Pricing tiers

ModelBillingPrice
SubscriptionAnnualCloud ERP subscriptions for industrial mid-market

Go-to-market motion3 records

Distribution channels4 records

Marketing channels7 records

Forterro product offering

Product offering

Core offering

Forterro sells a portfolio of specialised cloud and on-premise ERP, MRP, MES, WMS, BI, and fenestration software products, together with implementation, support and managed services, to industrial mid-market businesses across Europe. The software is sold primarily on subscription, with 80% of total revenue being recurring and cloud bookings growing 61% in Q1 2026.

Product overview

Forterro is a multi-product pan-European software company offering a portfolio of specialized ERP, BI, and industry-specific solutions for the industrial mid-market, rather than a single unified product. The portfolio comprises: ERP products for specific geographies (123Insight UK, Abas Germany, BPSC Central-Eastern Europe, Clipper/Helios France, Garp Sweden, Jeeves multi-industry, Myfactory Switzerland, Orderwise UK warehouse, Proconcept Switzerland, Proffix Switzerland, Silog France, Sylob France); AI and IoT capabilities (Prodaso with DeepPRO digital twin technology); Business Intelligence (TARGIT acquisition); specialized Windows & Doors solutions (3E Look, Evolution, EvoNET, Klaes, Logikal, Logikal MES, SimplyTag, Quotila, Unilink, Orgadata); and cloud ERP for small manufacturers (Fortee). These products operate as distinct regional brands unified under the Forterro umbrella, connected through the MyForterro cloud platform, serving manufacturing, warehousing, wholesale, and retail across 25,000+ industrial customers.

Differentiator

Problem solved

Functional benefit

Brands

  • 123Insight: SaaS ERP solution for discrete manufacturers providing control, visibility and traceability in operations.
  • Abas
  • BPSC
  • Clipper
  • Fortee
  • Garp
  • Helios
  • Jeeves
  • Myfactory
  • Orderwise
  • ProConcept
  • Prodaso
  • Proffix
  • Silog
  • Sylob
  • Forterro Windows & Doors
  • 3E Look
  • Klaes
  • TARGIT
  • Inology
  • BM Group

Products and services

  • 123Insight End-to-end MRP and ERP SaaS solution for discrete manufacturers in the UK market, providing control, visibility and traceability across operations.
  • Abas ERP software for mid-market manufacturers and distributors in German-speaking markets, including a cloud-ready platform with AI early adopter programme capabilities.
  • BPSC ERP provider serving central-eastern European industrial mid-market companies with locally adapted solutions.
  • Clipper ERP solution for French industrial businesses, part of the Clip Industrie product line acquired in 2017.
  • Fortee Cloud ERP solution for small manufacturers, designed as a core component of Forterro's cloud-first industrial mid-market offering.
  • Garp ERP solution for industrial businesses in Sweden, part of Forterro's Nordic portfolio serving Ekeby Möbler and similar customers.
  • Helios ERP product for the French industrial sector, part of the Clip Industrie portfolio acquired in 2017.
  • Jeeves Multi-industry ERP solution serving various industrial verticals, originally Jeeves Information Systems AB, the founding product of the Forterro group.
  • Myfactory Cloud ERP provider for SMEs in the DACH region, nearly doubling Forterro's customer count and total addressable market upon acquisition in 2021.
  • Orderwise Warehouse and distribution management ERP for UK mid-market wholesale, distributors and B2B ecommerce organisations; shortlisted for Cloud Product of the Year at the National Technology Awards 2025.
  • Proconcept Swiss ERP solution for industrial businesses, originally SolvAxis before acquisition and rebranding into the Forterro product range.
  • Prodaso (DeepPRO) IoT and AI manufacturing software featuring DeepPRO digital twin technology and anomaly detection to reduce manufacturing downtime and waste.
  • Proffix Swiss integrated ERP solutions provider for SMEs, serving small and mid-sized industrial and service businesses.
  • Silog ERP software for small and mid-market industrial manufacturers in France, acquired in 2018.
  • Sylob French cloud ERP product for industrial mid-market, added as a locally built full-service cloud offering through the 2016 acquisition.
  • 3E Look End-to-end digitalisation ERP solution with industry-specific functionality for window manufacturers, covering quotations, orders, costing, materials management, production control and mobile solutions.
  • Klaes Software for craft-driven and industrial window, door and façade manufacturers across aluminium, PVC and wood.
  • Logikal CAD/CAM software for the fenestration industry, supporting design and planning for aluminium, steel and PVC fabricators in commercial and residential markets.
  • Logikal MES Manufacturing execution system for the fenestration industry enabling paperless, digitised production from design to installation for façade and aluminium projects.
  • Orgadata Software specialising in the windows, doors and curtain wall sector, operating as the Forterro Windows & Doors division headquartered in Leer, Germany.
  • TARGIT Danish business intelligence and analytics software serving over 1,000 SME customers across Europe and North America.
  • Tickelia AI-powered expense management solution used by over 250,000 users across Spain and Portugal as part of Inology within the MyForterro platform.
  • Professional Services Implementation, configuration, custom development, technical upgrades, and packaged solutions based on Forterro Service Points (FSPs) to help customers achieve business goals.
  • Managed Services Monitoring, infrastructure maintenance, upgrades, and data management services that allow customers to focus on core business activities.

Quantifiable outcome

  • 94% customer retention rate, well above industry averages
  • +6 more outcomes

Companies that use Forterro

Customer profile

Named customers19 records

Segments4 records

Ideal customer profiles2 records

Forterro technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

AI capability7 records

Feature4 records

Forterro partnerships and signals

Strategic signal

Partnerships

Two partnerships are on record, tiered core.

  • blpcoreStrategic or Co-development Partner · 1 October 2025Partnership with blp, a Swiss-based spin-off of ETH Zurich, to offer AI-supported automation of ERP processes for incoming and outgoing documents. This expands Forterro's ecosystem with strategic best-of-class partners.
  • Amazon Web Services (AWS)coreTechnology or Integration · 1 January 2025Strategic partnership with AWS to offer the Forterro Cloud Suite on AWS. This partnership supports Forterro's cloud-first strategy with the midmarket's increasing adoption of cloud technologies.

Scale indicators15 records

Recent moves6 records

Expansion highlights6 records

Forterro competitors and assessment

Company assessment

Direct peers

  • Sage Group: UK-headquartered provider of accounting and ERP software to SMBs and mid-market businesses across Europe, with overlapping customer segments in industrial and distribution verticals. Direct overlap with Forterro's UK and European mid-market ERP positioning.
  • Epicor Software: Global provider of industry-specific ERP software focused on manufacturing, distribution, retail and services for the mid-market. Directly competes with Forterro in industrial mid-market ERP with similar vertical specialization.
  • IFS: Enterprise and mid-market ERP software vendor with deep specialization in asset-heavy industries such as manufacturing and aerospace. Comparable industrial vertical focus and mid-to-large enterprise customer profile.
  • Infor: Cloud-based industry-specific ERP and business applications for mid-market manufacturers and distributors, with strong European presence. Highly comparable in vertical specialization and industrial mid-market target.
  • QAD: Provider of ERP and supply chain solutions focused on global manufacturers, particularly in industrial and consumer products verticals. Competes for the same industrial mid-market ERP opportunities as Forterro.
  • SYSPRO: ERP software vendor specializing in manufacturing and distribution for small-to-mid-market businesses, with deep vertical functionality. Directly comparable in target customer profile and product scope.

Broad incumbents

  • Microsoft (Dynamics 365 Business Central): Cloud-native ERP platform from Microsoft targeting SMB and mid-market segments globally. A primary competitive threat given its modern cloud architecture and bundled Microsoft ecosystem value proposition.
  • SAP Business One / S/4HANA Cloud: Global ERP leader with mid-market offerings (SAP Business One and S/4HANA Cloud) targeting industrial and wholesale-distribution customers. Competes with Forterro at the upper mid-market and for multi-country rollouts.

Regional players

  • Visma: Nordic-headquartered provider of business software and ERP solutions to SMBs and mid-market across Northern Europe. Strong regional overlap with Forterro's Nordic and Benelux footprint.

Emerging players

  • Odoo: Open-source/cloud ERP suite gaining traction among SMBs and lower mid-market in Europe with modular apps covering manufacturing, inventory, accounting and commerce. Emerging competitive threat to traditional mid-market ERP players like Forterro.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

Forterro social profiles

Digital presence

Forterro financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Forterro leadership team

Management profile

Number of profiles

Profiles14 records

Forterro subsidiaries and ownership

Company hierarchy

Subsidiaries23 records

Forterro funding detail

Funding detail

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Forterro M&A and investment

M&A and investment

M&A17 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Forterro

What does Forterro do?

Forterro sells a portfolio of specialised cloud and on-premise ERP, MRP, MES, WMS, BI, and fenestration software products, together with implementation, support and managed services, to industrial mid-market businesses across Europe. The software is sold primarily on subscription, with 80% of total revenue being recurring and cloud bookings growing 61% in Q1 2026.

Is Forterro a public or private company?

Forterro is a private company. It is classified as private equity controlled and is currently operating.

When was Forterro founded?

Forterro was founded in 2012. It employs 1,001 to 5,000 people.

Where is Forterro based?

Forterro is headquartered in Austin, United States, in the North America region.

How does Forterro make money?

Four revenue lines are on record. Subscription/Cloud Revenue is the primary driver. The others are software Licenses and Support, professional Services and managed Services.

Who are Forterro's main competitors?

Direct peers on record are Sage Group, Epicor Software, IFS, Infor, QAD and SYSPRO. Broad incumbents are Microsoft (Dynamics 365 Business Central) and SAP Business One / S/4HANA Cloud. Visma is listed as a regional player. Odoo is listed as an emerging player.

Does Forterro have an API?

No public API is recorded for Forterro.

What industry is Forterro in?

Forterro's product category is Enterprise Resource Planning (ERP) Software for Industrial Mid-Market. Its primary akta.pro industry code is HDAEAEAC, Distribution & Wholesale ERP (Inventory, Order, Warehouse), with a secondary code of CRAOAOAH, Product Information Management (PIM), Digital Shelf & Content Syndication Services. Its NAICS code is 51321 and its SIC code is 5040.

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Live signals
ForterroForterro acquires BPSC in fifth software dealForterro acquired BPSC, a Polish ERP software provider, in its fifth software acquisition. The deal was not disclosed, and BPSC will become Forterro's fourth European business unit. The acquisition marks Forterro's first investment in Central-Eastern Europe.ForterroForterro Completes Klaes and 3E AcquisitionsForterro completed its acquisitions of Klaes and 3E, marking a step in its strategy to provide industrial mid-market businesses with mission-critical software. The acquisitions support Forterro's AI acceleration initiatives, which are rooted in customer listening. The company, which has trebled in size over five years, is entering its next phase of growth.ForterroForterro to Acquire 3E, Expanding Mid‑Market SoftwareForterro announced its intent to acquire 3E, a software provider for window and door manufacturers, to expand its mid-market capabilities. The deal is expected to close in Q2, with 3E joining Forterro's solutions set under Bernd Hillbrands. The acquisition aims to strengthen support for wood, PVC, and aluminium manufacturers.glassonweb.comForterro acquires KlaesForterro announced its acquisition of Klaes, a software specialist for window, door, façade, and conservatory manufacturers. The deal combines Forterro's Logikal with Klaes' ERP and configuration solutions, and Klaes will continue as an independent brand. Regulatory approval reviews are expected to conclude in Q2 this year.WindoorexpertA powerful three-material portfolio: Forterro acquires KlaesForterro announced its acquisition of Klaes, a software specialist for windows, doors, façades, and conservatories. The deal adds Klaes's PVC and wood expertise to Forterro's aluminium portfolio, aiming to become a material-agnostic partner. Regulatory approval is expected in the second quarter of 2026.BloombergWatch Forterro CEO: AI-driven Fears an OverreactionDean Forbes, CEO of industrial software provider Forterro, stated in a March 26 interview on "The Pulse with Francine Lacqua" that AI-driven fears about disruption in the software industry are an overreaction. Forbes characterized the technological shift brought by AI as an "opportunity" for companies like Forterro, and also addressed the impact of geopolitical uncertainty on business.FastenerandfixingForterro expands ERP and Cloud portfolioUK-based industrial software provider Forterro has acquired Inology, a Spanish-based provider of expense management, time and attendance, and ERP solutions. The acquisition will add approximately 1,500 SME and upper midmarket customers to Forterro's portfolio, expanding its presence in southern Europe. Inology's products, including the AI-powered Tickelia expense management solution with over 250,000 users across Spain and Portugal, will be integrated into Forterro's unified cloud platform MyForterro.PR NewswireEnterprise Resource Planning (ERP) Market to Reach USD 40.6 Billion by 2033 Globally, at 9.4% CAGR: Allied Market ResearchAllied Market Research published a report projecting the global ERP market to grow from USD 16.3 billion in 2023 to USD 40.6 billion by 2033, representing a 9.4% CAGR, driven by demand for operational efficiency, SME adoption, and cloud migration. On-premise solutions currently hold the largest market share, though cloud-based ERP is expected to record the highest growth rate during the forecast period. Key industry developments include Eton Solutions launching AtlasFive for family offices in India, SAP partnering with SGN Software to offer cloud ERP for SMEs, and Forterro introducing its Fortee cloud ERP solution for small manufacturers.Fidelity Investmentsicon-alert-warning-filledAllied Market Research published a report projecting the global ERP market to grow from USD 16.3 billion in 2023 to USD 40.6 billion by 2033, at a CAGR of 9.4%, driven by demand for operational efficiency, SME adoption, and cloud migration. The report highlights that North America held the highest market share while LAMEA is expected to exhibit the highest growth rate, with cloud-based ERP solutions projected to see the highest CAGR. Key industry developments include product launches by Eton Solutions (AtlasFive in July 2024), SAP and SGN Software (Cloud ERP offering in July 2024), and Forterro (Fortee in May 2024), positioning the sector for intensifying competition among vendors like SAP, Oracle, and Microsoft.AeromorningFrench Industrial Companies Lag Behind on the Digital Product PassportA study by European industrial software provider Forterro found that only 38% of French mid-sized industrial companies are aware of and prepared for the EU's Digital Product Passport (DPP) regulation launching from 2027—the lowest readiness rate among the five European countries surveyed. The DPP, which will require structured digital product information including identity, composition, lifecycle, and environmental footprint, carries potential penalties of up to 5% of EU revenue for non-compliance. Despite this delay, 27% of French respondents reported that compliance requirements already directly influence their operational decisions and technology investments, the highest rate in Europe.