Fortino Capital expands its growth private equity presence in Germany by appointing Philipp Remy as Partner and opening an office in Munich
Fortino Capital expands its growth private equity presence in Germany by appointing Philipp Remy as Partner and opening an office in Munich
Munich, November 15th, 2022 - Fortino Capital, one of the leading technology investors, is excited to announce its expansion into Germany. With Sides and Peers, Fortino Capital has been actively investing in Germany over the last year. Its Growth PE II fund– with commitments today for more than 315M Euro, coming close to its final target – will allow Fortino Capital to also grow its growth private equity activities in the region with the team expansion and opening of an office in Munich.
Expansion in Germany
For German B2B software scale-ups that are looking to supercharge their business growth, Fortino Capital brings an international mindset, sector- and operating expertise together with network. This allows the company to accelerate the strengths it has developed and scale.
The expertise in scaling up companies is an added value with which Fortino has been contributing to some spectacular growth stories in the Benelux, including Efficy, Odin and Sigma Conso. As a result of its expertise in Product Development, Sales, HR and General Management Fortino provides resources for the founders and guides them through the growth process. The founder is central and determines what the company needs.
“We are delighted to welcome Philipp into the company. He has a great track record and we look forward to working with him. He will reinforce our team and help us build out our presence in Germany. I am confident that his skills will allow us to continue supporting entrepreneurs grow in their next phase. A presence in Germany is a logical step in Fortino Capital's own growth story, as a Northwest European investor in B2B SaaS companies. We are excited to partner with German companies to write a spectacular growth story together. This way we will increasingly place ourselves in the picture of entrepreneurs, their shareholders and advisors when raising capital or transferring businesses,” says Duco Sickinghe, Managing Partner at Fortino Capital.
Philipp Remy appointed as Partner in Germany
Fortino’s DNA has always been recognized for the combination of strong investment talent and proven operational experience. Philipp Remy will expand Fortino Capital Growth Private Equity presence in Germany together with Matthias Kläsener as Operational Advisor.
Philipp has an international track record in the enterprise software industry with leading companies such as BlackSwan Technologies, C3.ai and Affiniti, focusing on large-scale digital transformation projects across multiple industries. Additionally, he actively invested in B2B software startups. Today, he is responsible for sourcing and driving new investments in Germany.
“Fortino Capital has a unique and diverse team with extensive investment and operating expertise” states Philipp Remy. “Together with a sole focus on B2B software, this provides an excellent combination for success. I am looking forward to partnering with entrepreneurs in their next phase.”
Matthias Kläsener, with a long and proven track record in IT cooperates with Fortino Capital as Operating Advisor. He brings more than 20 years of experience as a senior executive in the software and information technology industry. Most recently by taking on the role of CEO of Corporate Planning (CPM software) and before that as COO of proALPHA (ERP Software). He also has an excellent industry network that will be of great value in his new role at Fortino.
“I see huge potential in the DACH market for their very specific Value Creation Plan focused on B2B Software and Technology companies”, envisions Matthias Kläsener. “With such a strong development prospect, I am eager to cooperate with Fortino Capital.”
About Fortino Capital
Fortino Capital Partners is a European investment company with a focus on high-growth B2B software solutions managing two private equity funds and two venture capital funds. With offices in Belgium and the Netherlands, Fortino backs exceptional and ambitious entrepreneurs in North-Western Europe. Fortino Capital’s private equity portfolio includes VanRoey (BE), BizzMine (BE) MobileXpense (BE), Efficy CRM (BE), Tenzinger (NL), Maxxton (NL), among others. Fortino's Venture Capital portfolio includes MobieTrain (BE), Vertuoza (BE), TechWolf (BE), Timeseer.AI (BE), Zaion (FR), Salonkee (LUX), Sides (DE), D2X (NL), Peers (DE), Reveall (NL) and Kosli (NO) among others.