Valsoft acquires software companies RMM and Managed Print Services (MPS)

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Valsoft Corporation, specializing in the acquisition and development of software vendors in vertical markets, has acquired the Italian company MPS Monitor srl and the Danish company EuroForm A/S, two leading developers and suppliers of monitoring and management solutions remote (RMM) and managed printing. SaaS solutions for the printing industry. Financial terms of the agreements were not disclosed.

These are tech M&A deals number 851 and 852 that ChannelE2E has covered so far in 2022. Discover over 2,000 tech M&A deals involving MSPs, MSSPs and IT service providers listed here.

Valsoft, founded in 2015, is based in Saint-Laurent, Quebec, Canada. The company has 244 employees listed on LinkedIn. Valsoft’s areas of expertise include software and technology. Valsoft specializes in building and acquiring vertical market software companies that provide mission-critical solutions in their respective industry or niche, the company said.

MPS Monitor, founded in 2009, is based in Milan, Italy. The company has 19 employees listed on LinkedIn. MPS Monitor’s areas of expertise include managed print services, printer monitoring, cost-per-page contract management, and consumables management.

EuroForm A/S, founded in 1993, is based in Ballerup, Denmark. The company has 13 employees listed on LinkedIn. EuroForm’s areas of expertise include software development, laser printers, multifunction printers and support.

The acquisition will mark Valsoft’s entry into the managed print services space and enable the combined companies to provide an integrated SaaS offering to resellers and managed print service providers worldwide, the company said. . Nicola De Blasi will lead the new combined organization while retaining his role as CEO of MPS Monitor and assuming the role of CEO of EuroForm, the companies said.

Valsoft Acquires EuroForm and MPS Monitor: An Exciting Moment

Michael Assi, CEO, Aspire Corporation, Valsoft

Michael Assi, CEO of Aspire Software, the operating division of Valsoft, commented on the news:

“We are excited to enter the print management vertical with our acquisition of EuroForm and MPS Monitor. The talented teams, company values ​​and established market position of these great companies combined will make this acquisition a ready platform for continued future growth and continued product innovation for years to come.

De Blasi added:

“This is an extremely exciting time in the history of MPS Monitor and Euroform, our customers and our combined team. We are about to embark on a whole new chapter backed by the resources, experience and global footprint of Valsoft. The timing coincides with growing market demand from MPS resellers and vendors for secure, flexible, scalable, and sustainable SaaS solutions that deliver business intelligence and detailed insights, while helping to reduce operational costs and increase overall security. of their printing environments. With the formation of Managed Print Services Vertical, Valsoft has created a solutions powerhouse that is ready and able to meet the challenges of managed print customers and providers worldwide.

Mergers and Acquisitions of Managed Print Services

Meanwhile, merger and acquisition activity in the managed print services (MPS) industry continues. Office equipment resellers, multifunction printer (MFP) partners, copier resellers and MPS partners keep busy buying from each other.

ChannelE2E maintains an updated list of deals in the space which you can view here. Some recent transactions include Doceo’s acquisitions of Reliable Office Technologies and Business Machines, Inc. and Fisher’s Technology acquired the managed print services business of Utah-based IT solutions provider VLCM.

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