Valsoft Corporation Inc. (Valsoft), a Montreal-based company specialising in the acquisition and development of software companies in vertical markets, announced the acquisition of MWM Group, a Swedish software company that develops software solutions for newspaper printing factories (Print 365) and media companies (Media 365).
MWM Group become the third business in the printing space Valsoft has acquired over the last three months. MPS Monitor & Euroform A/S were acquired last month.
“The time has come for new ownership at MWM,” said Tony Svensson, CEO of MWM Group. “I have been a part of this company as an employee and then later as an owner for almost 20 years. We have a wonderful workforce with some of the best minds in the industry, and a unique market share in Europe. With plans to expand both geographically and on the business side, Valsoft will be the perfect ownership group to take MWM to the next level.”
“Valsoft is committed to continuing the work that MWM Group has successfully achieved over several key solutions for printing and publishing organizations,” said Jeffrey Messud, VP and Managing Director at Aspire Software, the operating arm of Valsoft “We see extended opportunities to offer additional services to MWM Group users in addition to growth strategy at an international level. Finally, Valsoft is extremely honoured to be part of the MWM Group journey and bring the company to new heights.”
Valsoft was represented internally by David Felicissimo (General Counsel), Oliver Gray (Senior Legal Counsel) and Elisa Marcon (Corporate Paralegal). Externally, Valsoft was represented by Erik Löfwall, Fredrik Osvald and Nina Sna Karaman of Advokatfirman Hammarskiöld & Co.
