Valsoft Corporation Inc., a Canadian company specialising in the acquisition and development of vertical market software businesses, is pleased to announce the acquisition of Servico, a Belgian industry pioneer providing mission-critical software solutions to the travel agency and tour operator sectors.
For over 40 years, Servico has been helping its clients and partners attain operational efficiencies through their top-of-the-line ERP solutions. Servico provides clients and partners with visibility into their processes with more than 400 travel agencies and tour operators. Their solution platform automates the selling processes, centralises CRM data, fulfils the accounting processes, and provides their customers with relevant insight.
Expand in the travel sector
“Servico has been on an impressive growth path and has become a pioneer in the travel sector,” explains Anthony Caruso, Investment Partner at Valsoft. “We look forward to leveraging Servico’s strong foothold to further expand in the travel sector, under the direction of Managing Director, David Moons, who will be key to driving success.”
“Valsoft's acquisition of Servico represents an exciting opportunity to carry on our legacy and maintain our meaningful connection with clients,” stated David Moons, Servico’s Managing Director. “We are thrilled to be working with a company to continue to drive operation excellence and focus on software development on a global level.”
Valsoft’s presence
With this latest acquisition to the Valsoft Travel & Leisure portfolio, Servico will now have the opportunity to not only further strengthen its presence in the European market with its flagship suite but to expand globally Valsoft’s presence in the travel industry.
Servico’s management team will stay on board to maintain Servico’s stellar reputation among clients as the company grows.
