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3yrs ago Private Equity privateequitywire Views: 218

Compusoft to acquire Soft Tech

Submitted 04/09/2020 - 10:58am

Compusoft Group, a global software provider in the kitchen, bathroom and furniture industry, is to acquire Soft Tech. The acquisition of Soft Tech, a provider of software solutions for the window and door industry, will expand Compusoft’s presence into this market.

Soft Tech’s software is exclusively built to design, estimate and manufacture windows and doors, with a key focus on the commercial and residential window, door and curtainwall space.  Soft Tech offers a portfolio of innovative solutions to help fenestration businesses right through their life cycle, from quoting to manufacturing.

 
The acquisition of Soft Tech is aligned with Compusoft’s mission of offering solutions that enable customers to simplify complex planning, configuration and visualisation around the home and commercial buildings. Expanding into this new market will provide further opportunities for growth, without impacting on the existing focus in the kitchen, bathroom and furniture markets.

David Tombre, CEO, Compusoft Group, says: “We are very excited to welcome Tyron, Rowan and the rest of the Soft Tech team to Compusoft Group. We have been looking to expand into the window and door industry for some time due to compelling similarities with our existing business, such as the growing adoption of technology, complex configuration needs and the importance of data driven solutions. The acquisition will also allow us to continue to grow internationally through Soft Tech’s existing presence in North America, New Zealand and Australia.”
 
Soft Tech’s co-CEOs, Tyron Ball and Rowan Hick, will continue with the company in the role of Managing Directors of Soft Tech. 

“We are excited about what this next chapter represents for both Compusoft and Soft Tech as we combine forces. Bringing Soft Tech under the Compusoft fold gives Soft Tech’s people and customers access to top talent, leading edge technology and a wide range of new growth opportunities,” says Tyron Ball, Soft Tech’s co-CEO. “Rowan and I were instantly attracted to Compusoft’s clear vision, the cultural alignment with Soft Tech and their expanding global footprint. We look forward to the journey ahead.”

Tags Deals & Transactions Acquisitions

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