Fortino Capital Partners expands its portfolio of Travel & Expense management companies with its investment in Declaree, the innovative Dutch challenger. Besides the acquisition of MobileXpense in Belgium and eBuilder Travel in Sweden, it is the third investment of Fortino Capital in the market of expense management. Declaree was founded in 2014 by Bas Janssen,…
DetailsFortino Capital Partners invests in Maxxton, an all-in one software solution developed for vacation & short-term rental managers. Maxxton, which employs 200 people, is headquartered in Middelburg, the Netherlands and has worldwide offices. Fortino Capital will assist the Maxxton management to further expand internationally and strengthen their current presence in vacation rentals, holidays parks and…
DetailsMay 2019. EQT Infrastructure IV (“EQT” or “EQT Infrastructure”), has signed an agreement to acquire Melita Limited (“Melita” or the “Company”) from Apax Partners and Fortino Capital. Founded in 1991, Melita is a fully converged and diversified telecommunication infrastructure owner as well as a leading services provider in Malta. Melita services consumers, business and government customers…
DetailsFortino Capital Partners, the general partner of growth and venture capital funds Fortino I & II, has appointed a new CFO. Bart De Leeuw is an experienced investment and financial manager with positions at Ernst & Young and Ackermans & van Haaren, amongst others. Since 2013 Fortino Capital Partners has invested in companies such as…
DetailsOn April 6th 2019, SupplyStack announced the closing of its series A funding round of €5 million. The funding round was led by Fortino Capital Partners, Participatiemaatschappij Vlaanderen and Mainport Innovation Fund. SupplyStack delivers an easy-to-integrate and flexible visibility solution that monitors transport orders in real-time. “SupplyStack helps supply chain and customer service departments to…
DetailsMobileXpense, the Brussels-based company that provides worldwide mobile solutions for travel expense management, is making its first strategic acquisition in taking over eBuilder Travel, the travel and expense management market leader in Sweden. This further strengthens MobileXpense’s position as a key international software supplier. In 2017, Fortino Capital Partners invested 20 million euros in the…
DetailsFortino investment company Zentrick has been acquired by DoubleVerify, an American independent provider of marketing measurement software and analytics. In 2013, Fortino Capital Partners invested 2,2 million euros in Zentrick. Five years later, Fortino Capital Partners and the founders of Zentrik have now sold their shares to DoubleVerify in order for the company to further…
DetailsTeamleader, known for its SaaS platform for CRM, project management and invoicing, announced today that it has closed a Series C funding round of $ 22 million (18,5M EUR). The company will use the new capital to sustain its international growth and accelerate its product roadmap. This growth will come from increasing the adoption of…
DetailsFortino Capital is investing EUR 2.2 million in Dobco Medical Systems, a Belgian software company specialising in online solutions for medical imaging. Fortino Capital will help Dobco Medical Systems’ management with the further development of their platform and their international expansion. Dobco Medical Systems was founded in 2011 and quickly became the reference for online…
DetailsArnaud De Vos (ex-J.P. Morgan) joins Fortino Capital as their new Investment Manager. He will be responsible for sourcing, realising deals and following up the portfolio companies. Duco Sickinghe, Managing Partner, says the management is thrilled to have Arnaud on board: “What struck us about Arnaud is his impressive resumé and experience in corporate finance…
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