Software investor Setforth acquires Fitfactory

Setforth, an investor in mission-critical, vertical market software businesses, has acquired Fitfactory, a leading supplier of software solutions to the high value manufacturing and engineering sectors.

The acquisition enables Fitfactory to accelerate its growth and innovation plans, with the full support and resources of Setforth.

Fitfactory will continue to operate under its current brand name and preserve its culture and vision. Setforth plan to drive the business forward through providing strategic guidance and investment to scale Fitfactory’s operations and expand its market reach. Fitfactory’s customers will benefit from enhanced service and product offerings.

Adrienne Gormley, CEO at Setforth, commented: "We're delighted to announce this investment and to welcome the Fitfactory team to the Setforth family. Fitfactory has consistently demonstrated exceptional innovation and strong growth, with an impressive and loyal customer base. We look forward to supporting Jason and the management team as we drive the business forward together."

Fitfactory's existing management team, led by CEO Jason Pritchard, will continue to lead the business and build upon the strong foundation established by founders Tom Dawes and Tony Guo. This continuity will ensure a seamless transition.

Mr Dawes, founder of Fitfactory and CEO, Mr Pritchard, commented in a joint statement: “This acquisition marks a significant milestone for Fitfactory. In joining forces with Setforth, we are poised to take our company to new heights. Setforth's deep strategic knowledge and support will enable us to accelerate our growth plans, expand our product offerings, and deliver even greater value to our customers.”

Fitfactory, headquartered in Stockton-on-Tees, has established itself as a leading supplier of modular MRP, ERP and MES solutions that drive digital transformation within manufacturing and engineering. With its deep industry knowledge and best-in-class products, Fitfactory currently supports over 300 businesses and 400 factories across the globe.

Fitfactory
www.fitfactory.com

Setforth
www.setforth.co.uk