Polish software group Symfonia has acquired Romanian technology company Setrio, strengthening its position in Romania and expanding its portfolio in trade, logistics, warehouse management, healthcare and pharmaceuticals.
Setrio develops software supporting B2B orders, retail and wholesale operations, distribution, warehouse management and sales teams. Symfonia plans to integrate these technologies into its broader enterprise-software portfolio.
The acquisition is part of Symfonia’s Central European expansion. The group provides finance, accounting, payroll, enterprise management, document workflow and e-invoicing software. According to the company, its solutions are used by more than 55,000 businesses and accounting firms in Central Europe.
Symfonia is backed by Accel-KKR and MidEuropa and is increasing investment in cloud solutions, automation and artificial intelligence.
