Acquisition

Fortino Capital takes majority stake in Shiftbase

What's the deal? Shiftbase, a European workforce management software provider for shift-based businesses, has taken on Fortino CapitalDealroom has a profile for this one. Try Dealroom → as a majority investor to fund its next phase of growth. Financial terms were not disclosed.

Fortino joins to support further development of Shiftbase's platform and to strengthen its position across Europe. Shiftbase's software helps more than 7,000 businesses across hospitality, retail and services manage scheduling, time tracking and absence workflows through a single integrated solution.

Why it matters Fortino Capital invests in European mid-market B2B SaaS and AI leaders, with more than 20 platform investments across three funds. The majority stake gives Shiftbase capital and operational backing to accelerate its expansion in the European workforce-management market.

Read more: Majunke

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