MONTREAL, Jan. 25, 2021 /PRNewswire/ – Valsoft Corporation Inc. (“Valsoft”), a Montreal-centered business specialized in the acquisition and enhancement of vertical market place software package firms, is pleased to announce the acquisition of Navotar, a cloud-primarily based auto rental software package company, with methods developed to automate fleet management.
Launched in Mississauga, Ontario by Sanker Shivanathan, Navotar has speedily emerged as a best automobile rental software program seller in the field thanks to their slicing edge, cloud-based mostly methods serving car or truck rental firms globally that contains automobiles, boats, RVs, scooters, and much more. Heading forward, the Navotar brand will keep on underneath Valsoft exactly where the team will actively discover new chances for additional expansion across all motor vehicle rental segments.
The acquisition of Navotar is Valsoft’s 3rd complimentary expenditure to their car or truck rental portfolio. In 2018, Valsoft obtained Bluebird Vehicle Rental Programs and Thermeon All over the world Ltd, two proven leaders in the vehicle rental marketplace serving about 2000 loyal customers spanning 50 international locations. Valsoft’s vehicle rental portfolio is operated by Aspire Software package, which Sanker and the whole Navotar administration crew will be part of to carry on furnishing Navotar shoppers with stellar support and revolutionary answers.
“Navotar has received fantastic recognition in the auto rental house for offering shopper-centric methods and environment-course buyer assist,” mentioned Sanker Shivanathan, founder of Navotar. “Being section of the Valsoft car rental spouse and children will accelerate Navotar’s marketplace proposition to further advantage consumers, companions, and staff members. I’d like to thank Valsoft and Aspire Software package for a smooth acquisition course of action and appear forward to bringing Navotar to new heights.”
“We are thrilled to welcome the Navotar team, clients and partners to the Aspire Application loved ones. The group and tradition are well aligned with our values, which has also designed this transaction seamless. We could not be prouder to have Navotar be part of our motor vehicle rental portfolio” reported Michael Assi, CEO of Aspire Application. “This strategic acquisition is fully in line with Aspire Software’s vision to be the world-wide marketplace chief and reaffirms our powerful motivation to go on investing significantly in the car or truck rental marketplace to drive innovation and digital transformation.”
Valsoft Corporation was represented internally by David Felicissimo, Common Counsel and Pamela Romero, Paralegal. Navotar was represented by Esther Berglas of the Regulation workplaces of Norman H. Wintertime
About Valsoft Corporation
Valsoft Corporation acquires and develops vertical market place computer software firms through which each and every company can produce the most effective mission-important answers for consumers in their respective industry or market. A crucial tenet of Valsoft’s philosophy is to spend in perfectly-established companies and foster an entrepreneurial surroundings that styles a corporation into a chief in its respective industry. As opposed to non-public equity and VC companies, Valsoft does not have a predefined investment horizon and seems to get, hold, and produce worth by long-time period partnerships with current administration and prospects.
About Aspire Software
Purchase. Enrich. Develop. Aspire Application, an operating group of Valsoft Corp, is a vertical acquisition application firm that owns, operates and manages a portfolio of businesses in many fields, which include hospitality, foods & beverage, car or truck rental computer software, transport & logistics and far more. Aspire constantly seeks options in several verticals. Aspire’s group of business people and business builders have an unwavering determination to acquiring our manufacturers and expanding into new marketplaces. It is all made possible many thanks to its decentralized administration method and indefinite maintain period.
Founded in 2009 as a task-based corporation, Navotar has held a robust existence in the fleet management program field for around a 10 years. Navotar uses the most recent tech advancements to do away with prevalent troubles in the auto rental enterprise. Using highly developed engineering, innovation, and devotion, they have sent market primary auto rental administration software program to business proprietors about the planet.
Resource Valsoft Company