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Vero Project S.p.A. ("Vero Project"), a company of the FORUM Family Office ("FORUM") Group, has acquired a majority stake in Syscam S.r.l. ("Syscam"), based in Florence, Italy. Founded in 1993 by Paolo Collini and Riccardo Alberighi, Syscam has 6 employees and a turnover of around € 2 million.
The company is a reseller ("VAR") of AD-CAM software. Its main product is "VISI", software from the Swedish company Hexagon AB. Vero Project is the largest VAR of VISI in Italy, Syscam is number 2: together, the tandem is the market leader in software for mold makers. Syscam serves around 200 customers in central Italy, with a regional focus on Tuscany and Umbria.
Syscam is FORUM's third investment in Italy and strengthens its commitment in our country. It is the fifth investment this year in the European software market.
As always, the investment ensures continuity: the management, the employees, the location and the successful partnership with Hexagon will be retained and further expanded. In addition, Vero Project will support Syscam with its network and expertise in the long-term growth of the company and in strengthening the product offering by up-selling other software products to existing customers.
FORUM Family Office ("FORUM") has acquired 100% of the shares of Grün Signalisation Sàrl ("Grün"), based in Luxembourg, through its industry holding FORUM Industrie & Service GmbH. The company generates sales of approximately € 7 million with approximately 40 employees and has grown steadily in recent years.
Grün has established itself as a leading producer of road signs and other products for Luxembourg road traffic since its foundation 70 years ago. In addition, Grün is also Luxembourg's market leader for the production of car license plates and other printing and engraving services. The company is an exemplary family business that is technically up to date and can count on many long-serving employees with a great deal of commitment.
The company has been continuously managed by the Grün family, now by Jean Grün in the 2nd and Jean-Marc Grün in the 3rd generation. Claude Gallina, long-time Head of Operations and confidant of the Grün family, takes over the responsibility for the further development of the company as the new Managing Director.
FORUM's continuation concept provides for the retention of the existing corporate strategy in all essential aspects. In particular, both the personnel and the location are to be retained.
"Après une recherche approfondie, il s'est révélé que Forum Family Office s'impose comme le partenaireidéal pour l'avenir de notre entreprise.Nous sommes fermement convaincus que notre vision de croissance et d'expansion se trouve entre des mainssûres, tant sur le plan humain qu'économique, avec Forum."
Grün family, owner family.
FORUM invests the assets of a Munich family in medium-sized companies. FORUM's principles in family equity are: permanent, decentralized, entrepreneurial - quite different from financial investors. This approach has already persuaded more than 25 entrepreneurs to entrust FORUM with their life's work.
FORUM Family Equity offers family businesses individual succession solutions that ensure the long-term success and identity of the company. As a family equity investor, FORUM focuses on sustainability, employee development and cooperation based on trust. In contrast to corporations and private equity funds that aim for quick profits, FORUM builds long-term partnerships and protects the value of the company. Find out how FORUM supports your company in successfully continuing your life's work.
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