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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.
Paolo Collini and Riccardo Alberighiwill continue to serve as members of the Executive Board in the coming years, while Massimo Bellini will become CEO and lead the next phase of growth together with Vero Project. His comments on the operation:
"This partnership with Vero Project and FORUM represents a union of intentions and values whose pillars of trust, sincerity and respect are the same that have characterized Syscam so far. Together we can face new challenges and take advantage of the opportunities that will arise in the market. I believe that this is an extraordinary opportunity for collaboration and growth, thanks to which we can build a bright future."
FORUM invests the assets of a Munich-based family in medium-sized companies with a focus on the software sector. FORUM's principles in the area of family equity are: permanent: we do not sell; decentralized: the companies in the group manage their own business; entrepreneurial: we invest in opportunities, unlike financial investors. This approach has already convinced more than 35 entrepreneurs to entrust their life's work to FORUM.
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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