December 20, 2021. Potsdam, Germany. FACTON, a global software provider of enterprise product costing solutions for the manufacturing industry, has been acquired by FOG Software Group, a provider of Smart Manufacturing software.
Madison Park Group took a very strategic approach to working with us to evaluate growth options. They understood our value proposition within the manufacturing ecosystem and were able to tailor our narrative in our discussions with potential partners. I am grateful for their strategy-first approach and am excited for the possibilities this transaction brings to our customers, investors and employees.Alexander Swoboda, CEO, FACTON