Compusoft, a portfolio company of TA Associates, has acquired Innovaltalia, an Italy-based distributor of Compusoft’s 3CAD software in Russia. No financial terms were disclosed.
Sarpsborg, 9th June 2021 – Compusoft Group, a leading global visual CPQ provider, today announced the acquisition of InnovaItalia. Based in Pesaro, Italy, InnovaItalia is the sole distributor of Compusoft’s 3CAD software in Russia and neighbouring countries and will extend Compusoft’s direct reach into this region.
The acquisition of InnovaItalia is a natural extension of Compusoft’s furniture business unit and will expand their presence into new geographies, as well as broaden their strong customer base. Direct access to this market will open up further opportunities in a growing vCPQ market in Russia and provide Compusoft with a solid base for expansion.
David Tombre, CEO, Compusoft commented, “InnovaItalia have forged an excellent reputation and business in Russia and this acquisition provides us with direct access and a foundation for further growth in an exciting new geography. We look forward to welcoming the new team to Compusoft.”
Andrea Gnoato, MD Furniture, Compusoft added “Representing the 3CAD brand directly in Russia is a source of great pride, as well as opportunity and shows the fantastic growth and potential that our unique visual CPQ software has across the world. Understanding and supporting the current 3CAD customers directly in this region will aid our ability to provide greater improvements for their business and grow our presence there further.”
About Compusoft Group
Compusoft is a leading international provider of specialised visual Configure, Price, Quote (”vCPQ”) software, that powers sales and removes complexity. Serving 100+ countries from 18 global offices, Compusoft focus on the Kitchen & Bath, Furniture and Window & Door markets to provide customers innovative solutions and award-winning customer support.
InnovaItalia was founded in 1993 in Pesaro, Italy and became a distributor of 3CAD software in 2009. The company provides the sale of 3CAD licences and professional services related to 3CAD projects across Russia and neighbouring countries. InnovaItalia has a long history of operating in these markets and maintains high quality and strong customer relationships in the region.