Founded in 1989, Compusoft provides configure, price, quote (CPQ) solutions that aid planning, configuration and visualization for the kitchen, bathroom, furniture and window & door industries. Compusoft’s customers work throughout the sales value-chain, ranging from customer representatives through manufacturers in more than 100 countries across Europe, Asia-Pacific and North America. The company’s current products include Winner Flex for design and order processing, Innoplus and SimpliPlan for bathroom design and planning, 3CAD for 3D design and production and several others for various situations.
2020 Technologies has historically been used by professional designers, retailers and manufacturers in the interior design and furniture industries. Founded in 1987, the company has direct operations in 11 countries and supports customers in other locations around the world through a network of value-added resellers. Its products include 2020 Design Live for kitchen, bath and closet design, plus a host of others for various applications.
The combined group will specialize in providing solutions for CPQ, visualization and manufacturing of products in highly configured spaces. Together, the group will provide an expanded suite of end-to-end solutions for sales-related processes in the kitchen, bathroom, furniture and window/door industries. While it is not yet clear if any of the companies’ products will be combined, the merger brings a wide variety of products together under the umbrella of one organization.
“There will be an even broader range of solutions backed by an extensive content database to power the sales of our customers,” said David Tombre, Compusoft CEO. “Our combined expertise will also give us the ability to accelerate innovation and maximize the potential of our products to meet our customers’ needs.”
Mark Stoever, 2020 CEO, added, “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.”
The Compusoft-2020 merger was originally announced in June by parent organizations Genstar Capital and TA Associates. Compusoft is a portfolio company of TA Associates, a private equity firm that invested in Compusoft in 2018, while 2020 is a portfolio company of Genstar Capital, a private equity firm that more recently acquired 2020. Prior to the merger with 2020, Compusoft had also acquired Access Information Technologies, publishers of enterprise resource planning (ERP) solutions for window- and door-related industries, InnovaItalia, an Italian distributor of Compusoft’s 3CAD software, First Degree Systems, a UK provider of software solutions for the window and door industry, and Soft Tech, a multi-national provider of door and window software.