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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.
The managing directors of the participations from the software industry came together last week for the SmartCloud conference to share their experiences and best practices regarding the way to the cloud. The event provided a platform for knowledge sharing and networking between the Forum participations and the companies BlueBerk, StepAhead and sevantage.
In three guest presentations, BlueBerk, StepAhead, sevantage presented their path to the cloud to the participants - and the associated learnings.
One of our participations - SoftDeCC - also shared its experience. The focus: the use of a global template when using cloud solutions.
In the other presentations, the participants gained insights into various implementation approaches. For example, the development of a web solution based on commercial platforms. StepAhead reported on the introduction of low-code development platforms for digitization and application development in companies.
During the course of the conference, the participants and speakers also exchanged views on the do's and don'ts in the development of cloud architectures.
The insights offered by the presentations enable our participations to learn from proven approaches and solutions and to develop them further for themselves.
In the concluding discussion round, not only were the managing directors of our portfolio companies able to get to know each other and exchange best practices, but they were also able to discuss the next steps.
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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