The synthesis of proteolytic enzymes by starter bacteria is a fundamental requirement for rapid acid production in milk fermentations. These organisms possess a number of proteinases and peptidases which act in concert to hydrolyse milk protein to the free amino acids required for cell growth. The same enzymes have an important secondary role in cheese ripening contributing to rheological and organoleptic changes. A highly complex mixture of both enzymes and substrates is present. The strategic location of these enzymes, in the cell wall and membrane structures and in the cytoplasm, governs enzyme access to the substrates and is central to both roles. An overview of the above topics is presented.