TA Associates-backed Compusoft completed a merger with 2020 Technologies, a software provider for residential and commercial spaces. The combined company will specialize in providing services for visualization, configuration, pricing, quoting and manufacturing of products in highly configured spaces for the kitchen, bathroom, furniture and window and door industries.
Compusoft and 2020, two industry leading software providers for residential and commercial spaces, have successfully united in a merger of equals to create one company dedicated to powering the sales of customers who create spaces for life. The combined group will specialise in providing solutions for the visualisation, configuration, pricing, quoting and manufacturing of products in highly configured spaces.
Together, the group will provide end-to-end solutions that power sales across the value chain in the kitchen, bathroom, furniture and window & door industries. From customer inspiration through to design and production, businesses involved in creating residential and commercial spaces for life will benefit from industry specialised technology and seamless content exchange that enhances daily working lives.
A global footprint with significantly expanded scale complemented by local expertise will enable the group to better serve customers in more countries than ever before. The combined group will have cross-functional teams based across Europe, North America, South America, Africa and Asia Pacific.
Customers will also benefit from an expanded network of world-class support and access to an unparalleled content platform that will be further enriched. These two core differentiators are central to the future of the new company and will be enhanced by sharing experts and knowledge across the entire group.
In addition, the merger brings together a collective 65+ years of industry expertise in technical development. A shared passion for innovation will drive the enlarged team to bring the most exciting solutions of tomorrow to customers even faster.
“We are excited about the possibilities this combination will give our customers. There will be an even broader range of solutions backed by an extensive content database to power the sales of our customers. Our combined expertise will also give us the ability to accelerate innovation and maximise the potential of our products to meet our customers’ needs.” comments David Tombre, CEO, Compusoft.
Mark Stoever, CEO, 2020 added, “People are our biggest asset and this combination brings together some of the brightest minds in software from across the world, particularly in R&D, sales, content and support, united to better serve our customers. We look forward to what the future holds.”
Further information on the roadmap of the future will be announced to customers in the coming months and customers can contact their account managers should they have any questions.
Compusoft provides visual CPQ solutions that simplify planning, configuration and visualisation to power sales for the kitchen, bathroom, furniture and window & door industries. Compusoft’s solutions assist customers throughout the sales value-chain from end-customers through to manufacturers and are underpinned by a rich content database. Founded in 1989, Compusoft is headquartered in Sarpsborg, Norway, and directly serves customers in more than 100 countries through offices in 18 across Europe, Asia-Pacific and North America. For more information, please visit www.compusoftgroup.com.
About 2020 Technologies Inc.
2020 helps professional designers, retailers and manufacturers in the interior design and furniture industries capture ideas, inspire innovation and streamline processes. By providing end-to-end solutions and a large collection of manufacturers’ catalogs, 2020’s applications enable professional designers and retailers to create kitchens, bathrooms, furniture and commercial offices that look as stunning on the screen as they do in reality. 2020 solutions for furniture and cabinet manufacturers deliver a complete manufacturing operations management capability to run their factories at maximum efficiency. Founded in 1987 and headquartered in Westford, Massachusetts, 2020 has direct operations in 11 countries and supports customers in many more locations around the world through a network of value-added resellers. For more information, please visit www.2020spaces.com.