This press release is to correct misinformation in a press release published on Monday, January 23, 2023: Valsoft Corporation Consolidates Automotive Portfolio with Acquisition of Freicon Software GmbH.
MONTREAL, QC / ACCESSWIRE / January 25, 2023 / Valsoft Corporation Inc. (“Valsoft”), a Montreal-based company specializing in the acquisition and development of vertically integrated software firms, is the leading Freicon GmbH & Co. is pleased to announce the purchase of the FILAKS.PLUS software solution from KG. provider of dealer management solutions (DMS) for retailers and manufacturers in the automotive industry.
Under the umbrella of Freicon Software GmbH (“Freicon Software”), a new subsidiary of Valsoft, the FILAKS.PLUS solution will increase its operational efficiency through high-end DMS solutions. With FILAKS.PLUS, Freicon Software becomes the leading supplier of Dealer Management Systems (DMS) in the European automotive market. FILAKS.PLUS covers all business processes in the automotive, commercial transport and caravan world. It allows you to manage the purchase of spare parts, as well as the sale of new or used cars and repair work in the workshop.
“I am delighted to continue to promote FILAKS.PLUS, a best-in-class product in the automotive and commercial transport sector, with such a passionate and dedicated team. Together, we will continue to deliver impeccable quality to exceed customer expectations,” said Roland Otto, General Manager of Freicon Software.
After ASE Automotive and AIM, Freicon Software is the latest firm to join Valsoft in the automotive industry. Valsoft’s operating division, Aspire Software, will help Freicon Software strengthen its presence in European markets with its flagship product FILAKS.PLUS, as well as leverage Aspire’s existing presence in the automotive industry. The FILAKS.PLUS management team will remain on board to maintain the company’s outstanding reputation with customers throughout its development.
“We are extremely pleased to continue our expansion into the automotive industry through the acquisition of FILAX.PLUS and the creation of Freicon Software, Valsoft’s newest subsidiary,” said Jeffrey Messud, CEO of Aspire Software, a Division of Valsoft Corporation. Along with the existing management team, we will continue the valuable legacy by positioning ourselves as a long-term partner to our customers. In addition, we will continue to exceed their expectations in terms of product and service quality and ensure that they benefit from the best technology in the market. »
About Freicon Software:
FILAKS.PLUS is a dealer management system for all dealers of different brands of cars, commercial vehicles and caravans. Under the umbrella of a new subsidiary called Freicon Software GmbH, customer service, vehicle storage and trading, marketing, collection and time registration, etc. as all business processes. includes a modern standard package. It is usefully complemented by the ability to manage multiple brands, multiple companies and branches. FILAKS.PLUS offers all necessary interfaces for manufacturers, simple online communication and many practical details that make your daily work easier. Today, the solution is a cross-border European industry standard solution for various manufacturers in the automotive industry; In Germany, Switzerland, Austria, France and Italy.
About Valsoft Corporation:
Valsoft Corporation specializes in the acquisition and development of vertically integrated software firms that offer core and niche solutions to their clients. One of the main principles of Valsoft’s philosophy is to invest in established companies and develop an entrepreneurial environment that serves as a springboard for them to become leaders in their fields. Unlike private equity and venture capital firms, Valsoft does not have a predetermined investment horizon and seeks to acquire, retain and create value through long-term partnerships with existing management and clients.
Valsoft Corporation was represented internally by Oliver Gray, General Counsel, David Felicissimo (General Counsel) and Elisa Marcon (Corporate Counsel). Valsoft was represented externally by Eckart Budelmann, Elisabeth Sechtem and Ole Panzer of Addleshaw Goddard (Germany) LLP.
For more information, visit www.filaksplus and http://valsoftcorp.com.
Director, Communications and Public Relations
SOURCE: Valsoft Corporation
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