Fenestration software Soft Tech has this week announced an agreement to be acquired by Compusoft, a global software company currently specialising in in kitchen and bathroom design and configuration software.
The company will continue to run as a subsidiary under the new owner with the business operations and existing company name, branding and leadership remaining intact.
Joint CEO Tyron Ball, pictured, right, with fellow CEO Rowan Hick, said: “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. We 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.”
Compusoft CEO David Tombre added: “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.”
Compusoft has operations in 15 countries across Europe, South Africa and Australia servicing customers in over 100 countries.
