Valsoft Acquires Nexera, Provider of Print-Management Services
Valsoft Corporation, a Montreal-based company specializing in the acquisition and development of vertical market software businesses, announced today that it’s acquired Nexera for an undisclosed sum.
Nexera, which is headquartered in Cody, Wyoming, provides customers with comparative copier and printer device data and benchmarks. For over 25 years, it’s been specializing in collecting and standardizing business data to reveal industry-wide benchmarks for service and financial performance. This comparative data is the foundation for its solutions, which identify opportunities to reduce costs. Nexera also provides services such as Virtual CFO, strategic planning, IT consulting, and management with cloud-based and on-premises designs, as well as virtual printer management and service management.
Nexera captures data from individual copier/MFPs and printers in the field and then compares them against benchmarks from their Worldstats database to determine if this device is a problem device, and if so why. It then makes recommendations to correct the issues.
With this latest acquisition, Nexera becomes the third company in the print industry to join Aspire Software – the operating group at Valsoft – along with MPS Monitor and Euroform. Valsoft says Nexera can further strengthen its presence in the North American market and expand globally by leveraging Aspire’s existing presence.
According to Jeffrey Messud, operating partner of Valsoft’s Aspire Software, Valsoft’s goal is to become a leader in the print industry by acquiring key solutions with a proven track record. The company says that unlike private equity and venture-capital firms, Valsoft doesn’t have a predefined investment horizon, and looks to buy, hold, and create value through long-term partnerships with existing management and customers.
Weston McArtor, Nexera’s founder. commented: “After successfully navigating the COVID–induced market changes and based on our long-standing industry experience, I determined that for our future success, we needed to explore a strong partnership that would allow us to bring new products to market quicker. My goal was to find a strong partner who could continue our legacy of having a meaningful connection with our customers, as well as someone that had an existing global presence in the space.”
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