Shearman & Sterling advised the lenders in connection with the financing in support of the acquisition of Forterro by Partners Group, acting on behalf of its clients. Forterro is a European provider of ERP software and services for the industrial midmarket, which has a portfolio of eleven software brands serving over 10,000 customers. Benefitting from long-term digitization trends, the transaction values Forterro at an enterprise value of €1 billion.
The Shearman & Sterling team are very glad to have assisted the financing sources and Partners Group on this important transaction. This builds upon the team’s very strong momentum in the European leveraged finance market, having advised on several top-tier transactions over the last year.