• May 23, 2024

Fortino Capital Partners has acquired a majority stake in Bonitasoft from former private investors in the company. Bonitasoft, based in France and San Francisco in the U.S., is a provider of open-source process automation tools and other business process management software. The company’s founders are personally reinvesting as the company, which launched in 2009, says it will leverage the new capital for growth.

In 2015, Bonitasoft began focusing solely on enterprise clients and counts Verallia, Credit Agricole and Hyster-Yale among them.

“We are excited to be working with Fortino Capital during this next phase of the Bonitasoft journey,” said Miguel Valdes Faura, CEO and co-founder of Bonitasoft. “First, our customers will benefit from increased investment in R&D for an array of Process Automation tools for the future. This new partnership will also support us in strengthening our customer-centric approach with an even higher attention to sales, pre-sales, support, and customer success to accomplish their business goals. Implementing additional automation tools to equip Bonitasoft’s teams will improve our operational effectiveness and amplify customer and partner satisfaction.”

Financial details of the deal were not disclosed.