Valsoft continues its global expansion with its first entry into the German market through the acquisition of CADIS, a high-end TMS software solution
MONTREAL, QC / ACCESSWIRE / February 1, 2022 /Valsoft Corporation Inc. (“Valsoft”), a Canadian company specializing in the acquisition and development of software companies in vertical markets, is pleased to announce the acquisition of CADIS, a leading solution for the optimization of the planning, execution and analysis of all operational work processes for the transport of goods.
Kratzer, a global supplier of software for the logistics industry and test systems for the automotive industry, has decided to sell its software division LOGISTICS AUTOMATION as part of a strategic refocusing. The CADIS Transportation Management System (TMS) solution will become its own entity under Aspire Software, Valsoft’s operating group, and will be known as CADIS GmbH.
“We have made CADIS one of the leading providers of TMS,” said Sibylle Pessall, CEO of Kratzer Automation. “Now is the time to accomplish the SaaS transformation and hand over to an experienced software investor with a proven strategy.”
This acquisition marks Valsoft’s first entry into the German market and the second into the transport and logistics sector with Navitrans. CADIS GmbH will continue to operate independently. The company will primarily expand in German-speaking countries, but will also expand internationally through its new cloud-based modular software suite.
Valsoft will provide permanent headquarters for CADIS GmbH, ensuring a long-term vision and strategy for its product lines through investment and growth opportunities.
“We are extremely proud to enter Germany with our acquisition of CADIS,” explained Joseph Khoubbieh, head of mergers and acquisitions at Valsoft. “Most importantly, we are delighted to partner with the talented team and continue to serve our customers with the same care and passion that they are accustomed to. CADIS’ reputation in the market is outstanding and we want to ensure to continue expanding for decades to come.”
Heinz Helewaut, who has over 20 years of transport and logistics experience, has been appointed CEO and will join the current management team to help grow the business.
“I am delighted to partner with the talented team at CADIS GmbH to ensure a smooth transition for our customers,” said Helewaut. “I look forward to applying the proven strategies we have at Valsoft to provide growth opportunities for our customers and business partners for many years to come.”
About CADIS
For more than twenty years, the CADIS TMS solution has been providing transport companies and logistics service providers with added value through the automation of workflows with the CADIS software suite under the KRATZER AUTOMATION brand. The CADIS operational TMS optimizes the planning, execution and analysis of all operational work processes for freight transport, enabling customers to become faster, more efficient and more commercially successful.
About Valsoft
Founded in 2015, Valsoft acquires and grows vertical market software companies, enabling each company to deliver the best customer-critical solutions in their respective industries or niches. A key tenet of Valsoft’s philosophy is to invest in well-established companies and foster an entrepreneurial environment that transforms companies into leaders in their respective industries. Valsoft seeks to buy, hold and create value through long-term partnerships with existing management.
About Aspire Software
To buy. To improve. Grow. Aspire Software, an operating group of Valsoft Corp, is a vertical acquisition software company that owns, operates and manages a portfolio of companies in various industries. Aspire’s team of entrepreneurs and business operators have an unwavering commitment to building our brands and expanding into new markets. All this is made possible thanks to its decentralized management strategy and its indefinite holding period.
About Kratzer Automation AG
As an internationally operating key player and premium supplier, Kratzer Automation focuses on the business areas TEST SYSTEMS and LOGISTIC AUTOMATION. The company offers sophisticated software products and complete system solutions to customers in the automotive industry (TEST SYSTEMS) and the logistics sector (LOGISTICS AUTOMATION). The company is headquartered in Unterschleissheim near Munich and is represented at locations in France, Great Britain and China, among others.
Valsoft was represented internally by David Felicissimo, General Counsel and by outside attorneys Dr. Dagobert Nitzsche and Ann-Kathrin Reibler d’Arnecke Sibeth Dabelstein. Kratzer Automation was represented by Stephan Heinemann of Taylor Wessing (legal counsel) and Jan Pörschmann and Florian Liepert of Proventis Partners (M&A counsel).
For more company information, please visit https://www.kratzer-automation.com/en/, https://www.valsoftcorp.com and https://www.aspiresoftware.com/
For more information:
Joey Strizzi
Director of Communications and Public Relations
Valsoft Corporation
[email protected]
Office: 514-316-7647
Mobile: 514-258-0256
THE SOURCE: Valsoft Corporation
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https://www.accesswire.com/686728/Valsoft-Continues-Global-Expansion-with-First-Entry-into-German-Market-Through-Acquisition-of-CADIS-a-Premium-TMS-Software-Solution