Telescope Advisory Partners has advised Riverside Europe Partners GmbH with Commercial Due Diligence services on its partnership with GFOS mbH
Riverside has partnered with GFOS, a leading German provider of workforce management software.
Telescope Advisory Partners (“Telescope”) has advised Riverside Europe Partners GmbH (“Riverside”) with Commercial Due Diligence services on its partnership with GFOS mbH (“GFOS”), a leading German provider of software solutions in workforce management (WFM), access control and manufacturing execution systems (MES).
Founded in 1988, GFOS, with ~180 employees, provides a workforce management platform and other highly functional software products for the fields access control, smart manufacturing and cloud solutions. GFOS plays a critical role in supporting the strong shift towards digitalization of the work environment and responding to the significant labor shortage by increasing companies’ competitiveness, planning efficiency, seamless workflows and employee satisfaction. GFOS is recognized as a leading provider of WFM solutions, offering highly sophisticated software covering the most complex use cases across multiple industries. GFOS has more than 3,000 customers in 30 countries.
The Riverside Company is a global investment firm focused on being one of the leading private equity and flexible capital options for business owners and portfolio company employees at the smaller end of the middle market by seeking to fuel transformative growth and create lasting value. Since its founding in 1988, Riverside has made more than 1,000 investments. The firm’s international private equity and flexible capital portfolios include more than 140 companies. Riverside Europe is an integral part of the Riverside’s broad global network and has been active in Europe since 1989. Riverside believes a truly global presence provides insight into local conditions, culture and business practices, making team members better business partners. For more information, visit: www.riversidecompany.com.
“We believe that based on Riverside’s European expertise in software and especially HR-Tech, there could be no better fit to accelerate GFOS’ growth into the next era. We congratulate Riverside and the whole GFOS team on joining forces and look forward to their future development and upcoming success story” , says Ludwig Preller, Managing Partner at Telescope Advisory Partners.
The Telescope Advisory Partners team has advised Riverside with Commercial Due Diligence services on this project. Learn more about Telescope Advisory Partners and how we can help you.