ARCANO has acted as exclusive financial advisor to the shareholders of Inology on the sale of the company to Forterro, a firm backed by Partners Group and Battery Ventures.
Inology is one of the leading B2B SaaS providers for SMEs in Iberia, offering innovative platforms for expense management, team operations, and ERP functionalities through its three brands: Tickelia, Nubhora, and Marino ERP. Founded in 1986 and headquartered in Terrassa (Spain), the company has evolved from a traditional software provider into a fully SaaS-oriented business, with more than 1,500 clients worldwide and a growing presence in Spain, Portugal, Colombia, and Mexico. With a highly recurring revenue model, solid profitability, and scalable proprietary technology, Inology combines product adaptability across industries with a high degree of integration, enabling its clients to optimize operations, ensure regulatory compliance, and improve efficiency across multiple sectors.
Forterro is a leading European provider of B2B software solutions for the industrial sector, with a strong track record in markets such as Germany, France, Poland, Sweden, and the United Kingdom, and with service and development centers spread across the globe. Its offering covers a wide range of ERP systems and specialized tools designed to optimize key processes in manufacturing, warehousing, wholesale, and retail. Each solution is carefully adapted to local and industry-specific requirements, enabling clients to operate efficiently, compete effectively, and advance their digital transformation.
Through this transaction, Forterro expands its geographical reach by incorporating Inology’s presence and expertise in Iberia and Latin America, while Inology joins an international platform with strong European presence and resources to accelerate its growth. The combination creates a strengthened B2B software group with broader diversification and clear synergies in markets, channels, and technology development. The platform is also well positioned to capture favorable market trends in digital transformation, regulation-driven adoption, and cloud migration, leveraging Forterro’s resources and Inology’s sector leadership.
ARCANO continues to reinforce its role as a trusted advisor for software companies and digital platforms, leveraging its extensive expertise in digital-native brands and strategic international M&A transactions.
Inology
Forterro