Wise Software acquired

The company also operates Wise Robotics, which is included in the deal.

OrderWise will significantly expand Forterro’s northern Europe region, with the product representing the group’s fourth largest revenue stream and fourth largest customer base. The acquisition marks Forterro’s second in the UK, following its acquisition of 123insight a year ago. It also serves as Forterro's inaugural acquisition under its new owners Partners Group, a leading global private markets firm, acting on behalf of its clients.

David Hallam, founder of OrderWise, will transition out of the business. He will be handing over to his well established leadership team to work with Forterro on the next phase of growth for OrderWise. “OrderWise is in an ideal position for new ownership. I have been searching for a partner that would take this company to the next level, while allowing us to stay true to our roots and continue taking care of our customers. I am pleased to say that Forterro is that partner.”

For more information, visit www.forterro.com