Valsoft Enters the automotive space with ASE Automotive Solutions
by CM Staff
ASE has been working with automotive brands and their dealer networks to try and drive profitability, mitigate business risk.
MONTREAL — Valsoft Corporation Inc., a Canadian acquirer and developer of vertical market software businesses, announces the successful acquisition of ASE Automotive Solutions, a provider of automotive software, consulting, audit, tax, and corporate finance services to the automotive industry.
ASE has been working with automotive brands and their dealer networks to try and drive profitability, mitigate business risk and improve operational performance. Rob Jones, CEO, stated “We are very excited about partnering with Valsoft to bring their software expertise and investment into ASE. This partnership will enable us to further develop our global technical solutions, helping our clients to maximise profitability from their automotive retail operations.”
Valsoft CEO Sam Youssef commented on the acquisition in stating: “We’re extremely excited to enter the automotive vertical with one of the leaders in the space. We are confident that with ASE’s track record and team, along with our software expertise, customers will greatly benefit from the innovations to come. We intend to consolidate this market with ASE, and we are planning to continue investing heavily in the space.”
Rob Jones (CEO), Mike Fazal (CCO) and the global leadership team will try and lead the business and will drive the product and company forward. The ASE and Valsoft team wish to thank the founding shareholders Trevor, Beryl and Mike Jones for their dedication and contributions to building a premier name in the automotive space. Additionally, Trevor Jones will continue to chair the Automotive Fellowship International.
