Battery Ventures invests in ERP provider Forterro

Battery Ventures, a technology-focused investment firm, has made an additional investment in Forterro, a provider of enterprise-resource planning (ERP) software for the industrial midmarket.
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The details of the investment are not disclosed.

With the investment, Battery Ventures  holds a significant minority share of Forterro. Battery Ventures earlier this year sold Forterro to Partners Group, a leading private markets firm for €1 billion.

Battery Ventures will continue to be involved in helping to scale Forterro as the company pursues its vision for growth under Partners Group’s ownership.