Iptor Acquires TimberTec

February 1, 2022

Stockholm-based Iptor acquired German TimberTec, a provider of ERP and MES software for the timber industry, in a deal that closed in February 2022. The acquisition is an add-on in Iptor's buy-and-build strategy (backed by funds advised by Bregal Unternehmerkapital) and aims to expand Iptor’s sector capabilities and geographic reach across Europe and into the US.

Buyers
Iptor
Targets
TimberTec
Platforms
Iptor
Industry
Software
Location
Schleswig-Holstein, Germany
Transaction Type
Addon

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