In what has been a tremendous turnaround, in just 12 months, our FFG Chairman, Dean Forbes, CEO of Forterro, European ERP Software and Services provider, has announced another landmark deal. Today, Partners Group, a leading global private markets’ firm has acquired Forterro in a transaction at a value of €1 billion.
“Over the past year, we have spent a great deal of time developing strategies for growth and investing in the people and infrastructure we need to achieve a brand new vision—something we’ve been calling ‘Forterro 3.0’,” said Dean Forbes, CEO of Forterro. “The final piece of the puzzle was partnering with an investor that would share this vision with us, and Partners Group is the right partner for us.”
FFG were given the opportunity to invest in Forterro over a year ago when Dean took helm of this challenging business. With complete confidence in the success he has already demonstrated and his incredible plan for restructuring and growth, this has proved an incredibly savvy and fruitful investment for the FFG business.
Davina Williamson, CEO of FFG adds “Dean has yet again proved to be one of Europe’s leading Tech CEOs by completing this unicorn deal. His drive, business acumen and talent are truly exceptional and with support, in small part, of FFG, by backing our own Chairman, we are proud to have had part of this initial investment. Investing in business talent at all levels is exactly what our organisation is about and we are excited to pay it forward”
This recent accomplishment by our Chairman now places him as not only one of the most influential Black people in the UK (Powerlist 2021,2022) but also as one the UK’s most successful Tech CEO’s – join us in congratulating him on this incredible achievement!