Valsoft to acquire Navitrans International.

Valsoft, a Montreal-based company that specializes in the acquisition and development of vertical market software companies, agreed to acquire Navitrans International, a provider of a complete and integrated suite of logistics, transportation, warehousing and freight forwarding software solutions. Financial terms were not disclosed. "It has been an exciting 20 years for Navitrans. We have had the pleasure of working with the logistics industry to create meaningful solutions, assisting our clients in fixing the day-to-day problems and operational pain points. We are so pleased that we have now joined Valsoft, as they are committed to further developing the brand while expanding into new markets, and that our employees can rely on a guaranteed continuity. We will all be working together to ensure a smooth transition and look after the interest of our customers," Heinz Helewaut, Navitrans CEO.