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New Deal


Announced

Compusoft Group to acquire Soft Tech.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

software developer

glazing software

fenestration

Software

Acquisition

Majority

Private

Pending

Friendly

Single Bidder

Cross Border

Synopsis

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Compusoft Group, a provider of CAD software to the kitchen and bathroom retail industries, agreed to acquire Soft Tech, a software services provider to windows and door industry. Financial terms were not disclosed. "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,” David Tombre, Compusoft Group CEO.

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