JACKSONVILLE, Fla. –– Revalize, a global player in sector-specific revenue operations software for manufacturers, their distributors and their specifiers, today announced the planned acquisition of three European software companies comprising five respected brands. The addition of the companies will both extend the Revalize solution portfolio and its European operations.
Joining the Revalize solution portfolio are:
- PROCAD Group, headquartered in Karlsruhe, Germany, boasts proven product life cycle management (PLM) and product data management (PDM) solutions that enable companies to manage their product lifecycles in a world of ever-growing complexity, delivering a substantial efficiency boost to customers in the discrete manufacturing sector. The PROCAD Group was created in 2021 from the merger of PROCAD with keytech, which also specializes in PLM, and ACATEC, a developer of CPQ solutions for manufacturers of complex products. The PROCAD Group brings more than 1,350 customers and more than 250 employees at 12 locations to Revalize. Revalize has entered into a definitive agreement to acquire PROCAD, which subject to customary regulatory approvals, is expected to close in December.
- SpecPage, headquartered in Kussnacht, Switzerland, is a developer of innovative PLM and quality assurance solutions for recipe-based, process manufacturers. The company brings innovative and user-friendly software solutions to manage the unique and complex aspects of product labelling in the global competition for CPG products. This acquisition brings the SpecPage PLM cloud platform, global support expansion and a comprehensive CPQ integration to Revalize. Revalize closed on the acquisition of SpecPage earlier in October.
- TENADO, headquartered in Bochum, Germany, is a provider of computer-aided design (CAD) software solutions for the metal and wood fabrication trades, mechanical engineering, fire protection and traffic management sectors. TENADO serves craftsmen, carpenters, safety inspectors and transportation planners, and has more than 30,000 active users. Revalize closed on the acquisition of TENADO earlier in November.