M&A

Fortino Capital takes over German software firm Operations1

What's the deal? Fortino CapitalDealroom has a profile for this one. Try Dealroom →, a European investment firm, has acquired the majority of Operations1, a German provider of software for industrial operations. The deal was disclosed in the August 10 edition of deutsche-startups.de , alongside separate funding rounds for firms including NavVis and Berlin fintech Moss.

What does Operations1 do? The company builds software for connected workers and industrial operations, targeting manufacturers and industrial businesses. Terms of the takeover were not disclosed.

The signal: The takeover lands amid continued DACH dealmaking. On the same day, Munich's NavVis announced an $85 million Series D and Berlin fintech Moss announced a €35 million Series C, highlighting continued investor and buyer appetite for German software and industrial-tech companies.

Read more: deutsche-startups.de

Image credit: Generated with Gemini

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