Announced
Financials
Tags
United States
software developer
glazing software
fenestration
Software
Acquisition
Majority
Private
Pending
Friendly
Single Bidder
Cross Border
Synopsis
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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