TA Associates-backed Compusoft to merge with Genstar Capital-backed 2020 Technologies.

TA Associates-backed Compusoft, an international provider of specialized visual Configure, Price, Quote software, agreed to merge with Genstar Capital-backed 2020 Technologies, a provider of specialized computer-aided design. Financial terms were not disclosed. "The merger of Compusoft and 2020 positions the combined company as a trusted provider whose suite of solutions supports designers, manufacturers and retailers. This is a transformative transaction and the support from Genstar and TA will enable us to invest in the business, new technologies and our people. We look forward to completing the transaction so we can continue to build on our companies’ unwavering commitment to innovation and customer service," Mark Stoever, 2020 CEO.