B2B software investor Fortino Capital invests in SIMCON to help engineers achieve better results.
Fortino Capital, a European-based growth investor in B2B software, announces its investment in SIMCON, a leading German provider of plastic injection molding simulation software.
SIMCON has been active for more than 30 years and serves hundreds of customers across a wide range of industries and in particular sectors such as automotive, manufacturing and medical technology.
SIMCON, a spin-off from the Technical University Aachen (RWTH Aachen) founded by Dr. Paul Filz, helps customers with high quality and sustainability demands in the plastic injection molding sector to reach better results. Known for its high-quality and sustainable solutions, SIMCON supports customers globally with its cutting-edge simulation and optimization software, combined with consulting services.
Fortino Capital has acquired a majority stake in SIMCON and is investing alongside the management team to develop new product innovations, accelerate growth, and expand internationally. This acquisition marks Fortino's second PE-Growth investment in Germany after Symbioworld.
Philipp Remy, Partner at Fortino Capital: "SIMCON is able to support engineers at every company size in unique ways. Their automation and simulation software is a mission-critical cornerstone for many industry leaders in Germany and Europe. SIMCON’s strong reputation and customer relationships are defined by the software’s simulation speed, intuitive usability and simultaneous analysis features. We look forward to supporting Bastiaan and his team to realize the company’s growth plans.”