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DAU joins Compusoft

SARPSBORG & PIEVE DI SOLIGO, January 7, 2019 - Compusoft, leading provider of computer-aided design (“CAD”) software to the kitchen and bathroom retail industries, backed since September 2018 by TA Associates, announced today its definitive agreement to acquire DAU S.r.l., the provider of the well-known “3 CAD” products. The deal was closed on December 19, 2018. The financial terms of the transaction will not be disclosed.

The DAU team is fantastic and we share the same passion – creating the best tools for the furniture industry”, stated David Tombre, CEO of Compusoft. “Our combined product offering will allow us to offer a broader range of tools to our customers, and further accelerate our Web and Cloud developments”.

“We firmly believe that Compusoft, with their well-earned reputation for being leaders in CAD software, is the ideal partner for DAU and we all agreed that such a partnership would be mutually beneficial and accelerate the 3cad growth plans” said Andrea Gnoato, CEO of DAU. “In our over 20-year history, we positively experienced important successes and growth and are confident that Compusoft can help us build on that achievement, leading to even more positive results for us and our Customers”.

No management changes are expected. David Tombre, Jussi Arovaara, Chief Commercial Officer, Compusoft, and Andrea Gnoato will form the Board of Directors.

About DAU® Srl - 3cad®

Founded in 1994 in Pieve di Soligo, Italy, DAU developed the first three-dimensional product configurator for the furniture sector in the industry and continued developing and providing advanced CAD software solutions for this field, but not only. Leader in graphical product configuration and production management, with a staff of highly specialized professionals with solid know how in the configuration sector, DAU provides innovative technology and user-friendly tools that combines sales and production processes in a single integrated flow. For more information, please visit www.3cad.it.

About Compusoft

Founded in 1989 in Sarpsborg, Norway, Compusoft provides sales, management, communication, web and business solutions for the kitchen and bath industry. The company’s advanced CAD software solutions offer dynamic sales tools for retailers, helping them lead customers through the entire planning process, from sketch to fully installed kitchen or bath. With a focus on creating added value for its customers, Compusoft combines the development of high-quality software with a dedication to customer service. Compusoft operates in 14 countries across Europe, as well as South Africa and Australia. For more information, please visit www.compusoftgroup.com.

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