PRINTITRESELLER.UK 33 ACQUISITIONS M&A activity within the MPS sector continues apace. The latest deal to be announced is Montreal-based Valsoft’s acquisition of Italy-based MPS Monitor and Denmark-based Euroform A/S. The double acquisition marks Valsoft’s entry into the managed print services space, Nicola De Blasi will lead the new operation while maintaining his position as CEO of MPS Monitor, and taking on the role of CEO of Euroform Valsoft enters MPS space with double acquisition does not have a pre-defined investment horizon and looks to buy, hold and create value through long-term partnerships with existing management and customers. “Valsoft don’t buy to sell, they buy to keep and to grow. They operate in niche markets, find and acquire the best and growing companies in that niche, and then add others to the portfolio to add further value and build a market leader in that vertical niche market. That is what they have done consistently for the last six, seven years – across more than 20 different markets – from automotive, construction, broadcast and media entertainment, to document management, travel and leisure, and more,” De Blasi said. IoT SaaS provider In 12 years since its start, MPS Monitor has become one of the major IoT SaaS providers globally for the remote monitoring and management of printing devices and the provision of managed print services, currently serving more than 2,500 dealers and installed in more than 220,000 customers around the world. MPS Monitor provides a comprehensive SaaS platform for monitoring and managing printers, available on the cloud, and equipped with a full set of APIs for integrating external software solutions. Its highly scalable and high-performing data collection technology allows dealers/ VARs, large end-users, manufacturers, and retailers of printer consumables to satisfy any need associated with the management of printing devices, recording of page volumes, and supply of toner in an automatic and controlled Valsoft specialises in building and acquiring vertical market software companies that provide missioncritical solutions in their respective industry or niche. The organisation added 14 software companies to its portfolio in 2021 – 11 in the UK and Europe, including its first company in Germany. Seven of the acquisitions were in new verticals – including three companies in a brand new workforce management vertical and seven in existing ones. By acquiring 100 per cent of both MPS Monitor and Euroform, Valsoft will enter the managed print services vertical and leverage the strong market positioning, product strength, 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 continued future growth and continuous product innovation for years to come.” Buy, hold and create value A key tenet of Valsoft’s philosophy is to invest in well-established businesses and foster an entrepreneurial environment that shapes a company into a leader in its respective industry. Unlike private equity and VC firms, it We’re about to embark on a whole new chapter supported by the resources, experience, and global footprint of Valsoft continued... way. The MPS Monitor Cloud service is managed within an Information Security Management System which is certified as compliant with ISO/IEC 27001, SOC 2 Type 2 and CSA Star Level 2. The company has grown to become a £3m turnover business and now as part of Valsoft, De Blasi is excited about leading the wider organisation and the massive potential for further growth. “This is an extremely exciting moment in the history of MPS Monitor and Euroform, our customers and our combined team,” he explained. “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 a managed print services vertical, Valsoft has created a solutions powerhouse that’s ready and able to address the challenges of managed print Nicola De Blasi
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