Fortius Limited
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Fortius Limited - overview
Established
1998
Location
Basingstoke, Hampshire, UK
Primary Industry
Software
About
Fortius Limited offers innovative supply chain management solutions for the construction industry, leveraging a comprehensive cloud-based platform that utilizes artificial intelligence to enhance operational efficiency and compliance across multiple sectors. Founded in 1998 in Basingstoke, UK, Fortius Limited specializes in providing advanced supply chain management solutions, particularly for the construction industry. The company has not undergone notable business pivots or changes in its operational strategy. Bruno Kauffmann is the CEO of Fortius Limited.
The company has raised GBP 160. 00 mn in total funding, with the most recent funding round being a GROWTH round completed in June 2018, in which Warburg Pincus was the investor. Fortius Limited specializes in supply chain management solutions tailored for the construction sector and the built environment. Its core offerings feature a cloud-based Software as a Service (SaaS) platform that integrates artificial intelligence with compliance and credential data, aimed at empowering businesses to manage compliance, mitigate risks, and enhance operational efficiency.
This platform effectively serves a diverse clientele, including main contractors, procurement managers, and subcontractors, across various sectors such as construction, building maintenance, and energy & utilities, with operations extending across the UK, Ireland, Europe, and Latin America. In 2023, Fortius Limited reported a revenue of GBP 50,940,387. 70 and an EBITDA of GBP 31,074,743. 60, demonstrating a solid financial performance for the year.
Fortius Limited is planning to expand its product offerings, with new features for its SaaS platform expected to launch in late 2024. The company has identified opportunities for growth in new geographic markets, specifically targeting expansion into North America and Asia by 2025. The recent GROWTH round funding of GBP 160. 00 mn will be utilized to support these initiatives, including the development of new products and market entry strategies.
Current Investors
Warburg Pincus
Primary Industry
Software
Sub Industries
Logistics Software, Analytics & Performance Software
Website
www.fortius-network.com
Verticals
Cloud Computing, IoT (Internet of Things)
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
Fortius Limited - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Corporate Carve Out, Secondary Buyout | Completed | Once For All | - | ||||||||
| Add-on, Trade Sale | Completed | Once For All | - | ||||||||
| Growth | Completed | Fortius Limited | - | ||||||||
| Add-on | Completed | Actradis.FR , SAS | - |
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