Valsoft Corporation Inc. (Valsoft), a Montreal-based company that specialises in the acquisition and development of vertical market software companies, is pleased to announce the acquisition of Young & Partners / Navitrans International NV (Navitrans), a globally renowned technology company that offers a complete and integrated suite of logistics, transportation, warehousing and freight forwarding software solutions.
Navitrans has provided a premium suite of integrated logistics and transportation software to customers of all sizes for more than 20 years – one that will continue to move forward with an intuitive and customer-centric approach behind their products.
Acquisition of Navitrans
Navitrans understands the critical requirements for each of their customers’ operations
As a business full of specialists and knowledgeable professionals, Navitrans understands the critical requirements for each of their customers’ operations. Their goal is to help business owners find the perfect solution for their operation at maximum efficiency, in a cost-effective manner.
“It has been an exciting 20 years for Navitrans,” said Heinz Helewaut, the Chief Executive Officer (CEO) of Navitrans, adding “We have had the pleasure of working with the logistics industry to create meaningful solutions, assisting our clients in fixing the day-to-day problems and operational pain points.”
Expanding into new markets
Heinz Helewaut continues, “We are so pleased that we have now joined Valsoft, as they are committed to further developing the brand, while expanding into new markets, and that our employees can rely on a guaranteed continuity. We will all be working together to ensure a smooth transition and look after the interest of our customers.”
“This is a great next step in the future of our company,” said Stefan Dedrie, the CSMO of Navitrans, adding “With Valsoft, we become part of a family of companies that will help us move into the next technological shift and will support us, as we accelerate our international expansion. We trust this transaction will be to the benefit of our colleagues, our partners and our customers.”
Providing stellar service
Valsoft’s goal is to continue to provide Navitrans customers with stellar service and innovative solutions. In addition, Valsoft’s expertise in the acquisition and operation of vertical market software companies will take the business to new heights.
The Navitrans brand will continue under Valsoft and will explore new opportunities for expansion. Furthermore, Navitrans and Valsoft will look to heavily invest in future technology to further strengthen Navitrans’ array of solutions and build upon customer success.
Suite of innovative solutions
We will continue to invest in Navitrans’ technology and execute a global expansion strategy"
Michael Assi, the Chief Executive Officer (CEO) of Aspire Software, a Valsoft group company, said “Heinz Helewaut and Stefan Dedrie have, alongside their team, built an organisation that provides elite service and a suite of innovative solutions that turns the complexity of logistics into an advantage and opportunity for Navitrans’ customers.”
Michael Assi adds, “We will continue to invest in Navitrans’ technology and execute a global expansion strategy, while maintaining service excellence as our top priority.”
Valsoft – Navitrans partnership
The acquisition of Navitrans is Valsoft’s third investment in the transportation and logistics industry. Navitrans’ customer-centric vision, recognised brand name and premium suite of integrated products are only a few reasons why Valsoft acquired Navitrans.
Valsoft is excited to work with Navitrans staff and envisions a company that will leverage Valsoft’s global presence, in order to accelerate its already increasing growth.
Company representatives
Valsoft Corporation was represented internally by David Felicissimo, General Counsel and Pamela Romero, Paralegal and by External Counsel - Delphine Penninck and Peter De Ryck of Lydian, in Brussels, Belgium.
The selling shareholders of Navitrans were represented by Stefan Dedrie and External Council - Veerle Buyl, corporate finance associate at Vandelanotte Accountants in Kortrijk, Belgium.