Valsoft has announced that it will enter the managed print services space by acquiring 100% of MPS Monitor and Euroform A/S. It plans to leverage the leading market positioning, products, and expertise of the two combined companies to provide an integrated SaaS offering to Dealers and Managed Print Providers across the world.
“We are very excited to enter the printing management vertical through our acquisition of both EuroForm and MPS Monitor,” said Michael Assi, CEO of Aspire Software, the operating division of Valsoft. “The talented teams, company values, and established position in the market of these great companies combined, will make this a platform acquisition poised for continue future growth and continuous product innovation for years to come.”
With these two acquisitions, Valsoft’s entry into the managed print services vertical will be led by Nicola De Blasi, while maintaining his role as CEO of MPS Monitor, and also taking on the role of CEO of Euroform.
“This is an extremely exciting moment in the history of MPS Monitor and Euroform, our customers and our combined team,” explained De Blasi. “We’re about to embark on a whole new chapter supported by the resources, experience, and global footprint of Valsoft. The timing coincides with growing market demand from dealers and MPS providers for secure, flexible, scalable and sustainable SaaS solutions that provide business intelligence and detailed insights, while also helping to drive down operational costs, and increase the overall security of their print environments. With the formation of Managed Print Services Vertical, Valsoft has created a solutions powerhouse that’s ready and able to address the challenges of Managed Print customers and providers globally.”