Valsoft Company Acquires Navotar to Fortify Motor vehicle Rental Leadership

MONTREAL, Jan. 25, 2021 /CNW Telbec/ – Valsoft Corporation Inc. (“Valsoft”), a Montreal-based business specialised in the acquisition and advancement of vertical market software program corporations, is pleased to announce the acquisition of Navotar, a cloud-based motor vehicle rental software package service provider, with methods developed to automate fleet administration.

Started in Mississauga, Ontario by Sanker Shivanathan, Navotar has immediately emerged as a prime car rental application seller in the industry thanks to their chopping edge, cloud-based answers serving vehicle rental organizations globally that includes autos, boats, RVs, scooters, and additional. Likely ahead, the Navotar model will keep on beneath Valsoft exactly where the crew will actively take a look at new possibilities for additional expansion across all car rental segments.

The acquisition of Navotar is Valsoft’s 3rd complimentary financial investment to their car or truck rental portfolio. In 2018, Valsoft obtained Bluebird Automobile Rental Methods and Thermeon All over the world Ltd, two proven leaders in the automobile rental business serving over 2000 faithful clients spanning 50 countries. Valsoft’s auto rental portfolio is operated by Aspire Program, which Sanker and the overall Navotar administration crew will join to continue giving Navotar prospects with stellar provider and modern solutions.

“Navotar has received great recognition in the vehicle rental space for supplying purchaser-centric alternatives and planet-course buyer assist,” claimed Sanker Shivanathan, founder of Navotar. “Remaining section of the Valsoft vehicle rental family will speed up Navotar’s marketplace proposition to additional gain prospects, partners, and personnel. I’d like to thank Valsoft and Aspire Computer software for a sleek acquisition approach and glimpse ahead to bringing Navotar to new heights.”

“We are thrilled to welcome the Navotar team, consumers and partners to the Aspire Software program spouse and children. The workforce and society are very well aligned with our values, which has also produced this transaction seamless. We could not be prouder to have Navotar be a part of our motor vehicle rental portfolio” explained Michael Assi, CEO of Aspire Program. “This strategic acquisition is totally in line with Aspire Software’s vision to be the world-wide industry chief and reaffirms our solid commitment to continue investing considerably in the car or truck rental sector to drive innovation and electronic transformation.”   &#13

Valsoft Company was represented internally by David Felicissimo, Standard Counsel and Pamela Romero, Paralegal. Navotar was represented by Esther Berglas of the Legislation places of work of Norman H. Winter season

About Valsoft Company

Valsoft Company acquires and develops vertical industry software firms as a result of which every company can produce the ideal mission-vital remedies for clients in their respective marketplace or area of interest. A important tenet of Valsoft’s philosophy is to commit in perfectly-set up corporations and foster an entrepreneurial ecosystem that styles a enterprise into a leader in its respective sector. Unlike non-public equity and VC corporations, Valsoft does not have a predefined expense horizon and seems to buy, maintain, and build worth via extensive-phrase partnerships with existing management and clients.

About Aspire Application

Get. Enhance. Grow. Aspire Software package, an working team of Valsoft Corp, is a vertical acquisition program corporation that owns, operates and manages a portfolio of organizations in a variety of fields, like hospitality, foods & beverage, auto rental software, transport & logistics and additional. Aspire frequently seeks opportunities in a variety of verticals. Aspire’s team of entrepreneurs and company builders have an unwavering commitment to acquiring our brand names and growing into new markets. It is all manufactured possible thanks to its decentralized management strategy and indefinite maintain interval.&#13

About Navotar

Started in 2009 as a project-based mostly firm, Navotar has held a solid existence in the fleet management software field for around a ten years. Navotar uses the most current tech enhancements to do away with widespread problems in the auto rental company. Using advanced technologies, innovation, and dedication, they have shipped industry primary car or truck rental management software package to enterprise entrepreneurs close to the planet.

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