Fortino Capital invests in Symbio to accelerate the growth of this specialist in Business Process Management software.
Munich, December 20, 2022 - Fortino Capital, a European based growth investor in B2B software, today announces its investment in Symbio, a fast-growing business process management provider. Symbio, headquartered in Munich, has offices in Germany, Serbia and South Africa. More than 100 customers and 500,000 users worldwide benefit from the software.
Symbio is a leading Business Process Management provider with expertise in strategic process- and quality management with applications for process modelling, process design and data integrations with leading business applications such as Microsoft, SAP, Celonis and Atlassian. Symbio serves a wide range of industries and in particular sectors such as transport, automotive, manufacturing, utilities and pharma. Symbio serves clients such as Deutsche Bahn, E.ON, European Space Agency, Fresenius and ZF Friedrichshafen.
The Symbio Founders Oliver Zeller and Steffen Ploetz have built Symbio into a leading software company in the BPM field. The software is used by small, medium and large companies and currently has users in Europe, USA and Asia.
Fortino Capital is investing with the management in Symbio to further accelerate growth and expand internationally. Fortino will not only act as a sounding board for management but will also actively support further internationalization with its expertise in growing companies. For Fortino this marks the first Growth Private Equity investment in Germany.
Oliver Zeller, Co-Founder and CEO at Symbio: “We are delighted to be partnering with Fortino as Symbioworld continues to grow. Fortino’s team has specific knowledge and strong experience in the BPM market coupled with a very suitable B2B portfolio. We are at an exciting stage of our development, and Fortino’s expertise will help us to reach our objective of establishing the first employee-centric BPM and QM system. Together, we look forward to accelerating digital transformation of our customers and further scaling Symbio internationally.“
Philipp Remy, Partner at Fortino Capital: "Symbio has increasingly become the market standard for strategic process- and quality management. The team has had an exceptional track record in recent years, evident across their satisfied customer base. Symbio’s gain in market share is a logical consequence of the excellent work. We look forward to supporting Oliver and his team in realizing their growth plans."
Symbioworld GmbH is the innovation leader in the field of integrated management systems. Their vision is to make the working world of tomorrow a reality for their customers today. To achieve this, Symbio partners with companies including Microsoft, SAP and Celonis. Symbioworld has evolved from a typical “garage company” to one of the market leaders in their field. Companies such as Deutsche Bahn, ESA, E.ON, Fresenius and many more rely on Symbioworld to establish a platform for the sustainable optimization of their future. For more information: www.symbioworld.com
About Fortino Capital
Fortino Capital is a European investment company with a focus on high-growth B2B software solutions and ICT managing two private equity funds and two venture capital funds. With offices in Belgium, Germany 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 Vertuoza (BE), TechWolf (BE), Timeseer.ai (BE), Zaion (FR), Salonkee (LUX), Sides (DE), D2X (NL), Peers (DE), Reveall (NL) and Kosli (NO) among others.