An affiliated European fund (REF) of The Riverside Company has signed a definitive agreement to invest in GFOS, an Essen, Germany-based provider of software solutions for workforce management, MES, access control and cloud services.
The amount of the deal was not disclosed.
Founded by Burkhard Röhrig in 1988 and subsequently built up and led together with Gunda Cassens-Röhrig, and now led by Co-CEOs Katharina Van Meenen-Röhrig and Dr. Ignace Van Meenen, GFOS provides software solutions in workforce management, access control and manufacturing execution systems (MES) for various industries in the upper mid-market to enterprise segment.
The solutions make a critical contribution to competitiveness, planning efficiency, smooth workflows and employee satisfaction. Through industry-specific customization, a modular structure and extensive integration capabilities, GFOS is enhancing organizational efficiency, employee engagement and productivity of currently more than 3,000 customers in over 30 countries.
GFOS will continue to invest into its innovative software products to further drive digitalization, organizational efficiency and employee satisfaction for its customers; expand its geographical footprint; and, drive the ongoing migration to the cloud to further strengthen the strong relationships with customers in Germany as well as internationally.
FinSMEs
22/08/2024