Benchmark International Has Successfully Facilitated the Acquisition of Credex Systems, Inc. by Valsoft Corporation, Inc.
Tampa, FL, June 01, 2019 --(PR.com)-- Benchmark International has successfully facilitated the acquisition of Credex Systems, Inc. (Credex) by Valsoft Corporation, Inc. (Valsoft). Credex is a vertical software solution that offers loan origination and servicing software. The cradle-to-grave software solution originates and administrates a loan throughout its existence, serving financial entities and their client base. Valsoft acquires and develops vertical market software companies, enabling each business to deliver the best mission-critical solutions for customers in their respective industry or niche. A key tenet of Valsoft’s philosophy is to invest in well-established businesses and foster an entrepreneurial environment that shapes a company into a leader in its respective industry. Unlike private equity and VC firms, Valsoft does not have a predefined investment horizon and looks to buy, hold, and create value through long-term partnerships with existing management and customers.
Michael Lightfoot, President and owner of Credex said, “The sale of Credex to Valsoft was a quick process that took a number of turns during diligence. Throughout the engagement with Benchmark, the team acted as true advisor helping to walk me through each step of the process, and maintain the majority of my attention on running Credex on a day-to-day basis. I also appreciate the speed and transparency Valsoft operated with, allowing to move from first interest to a deal closing within 5 months.”
Chris Malouf, Associate of Mergers & Acquisitions at Valsoft, said, “We are thrilled to have completed the acquisition of Credex. Pairing Michael’s expertise with our firm’s resources will allow us to seamlessly enter this market. We have plans to continue backing Michael Lightfoot as President of Credex and lead the charge for Valsoft’s expansion into loan origination and servicing.”
Benchmark International Associate Transaction Director David Steverson stated, “We’re extremely excited for Michael Lightfoot, the Credex family, and the Valsoft team. This transaction allows Valsoft to maintain their investment thesis while entering a new market, loan origination and servicing. Partnering Credex’ product offering with Valsoft’s industry knowledge and wealth of resources will allow Credex to develop into a prominent player within this market.”
Schedule a call to speak to an Analyst
Americas: Sam Smoot at +1 (813) 898 2350 / Smoot@BenchmarkCorporate.com
Europe: Carl Settle at +44 (0)161 359 4400 / Settle@BenchmarkCorporate.com
Africa: Anthony McCardle at +2721 300 2055 / McCardle@BenchmarkCorporate.com
About Benchmark International
Benchmark International’s global offices provide business owners in the middle market and lower middle market with creative, value-maximizing solutions for growing and exiting their businesses. To date, Benchmark International has handled engagements in excess of $6B across various industries worldwide. With decades of global M&A experience, Benchmark International’s deal teams, working from 12 offices across the world, have assisted hundreds of owners with achieving their personal objectives and ensuring the continued growth of their businesses.
Website: http://www.benchmarkcorporate.com
Blog: http://blog.benchmarkcorporate.com/
Michael Lightfoot, President and owner of Credex said, “The sale of Credex to Valsoft was a quick process that took a number of turns during diligence. Throughout the engagement with Benchmark, the team acted as true advisor helping to walk me through each step of the process, and maintain the majority of my attention on running Credex on a day-to-day basis. I also appreciate the speed and transparency Valsoft operated with, allowing to move from first interest to a deal closing within 5 months.”
Chris Malouf, Associate of Mergers & Acquisitions at Valsoft, said, “We are thrilled to have completed the acquisition of Credex. Pairing Michael’s expertise with our firm’s resources will allow us to seamlessly enter this market. We have plans to continue backing Michael Lightfoot as President of Credex and lead the charge for Valsoft’s expansion into loan origination and servicing.”
Benchmark International Associate Transaction Director David Steverson stated, “We’re extremely excited for Michael Lightfoot, the Credex family, and the Valsoft team. This transaction allows Valsoft to maintain their investment thesis while entering a new market, loan origination and servicing. Partnering Credex’ product offering with Valsoft’s industry knowledge and wealth of resources will allow Credex to develop into a prominent player within this market.”
Schedule a call to speak to an Analyst
Americas: Sam Smoot at +1 (813) 898 2350 / Smoot@BenchmarkCorporate.com
Europe: Carl Settle at +44 (0)161 359 4400 / Settle@BenchmarkCorporate.com
Africa: Anthony McCardle at +2721 300 2055 / McCardle@BenchmarkCorporate.com
About Benchmark International
Benchmark International’s global offices provide business owners in the middle market and lower middle market with creative, value-maximizing solutions for growing and exiting their businesses. To date, Benchmark International has handled engagements in excess of $6B across various industries worldwide. With decades of global M&A experience, Benchmark International’s deal teams, working from 12 offices across the world, have assisted hundreds of owners with achieving their personal objectives and ensuring the continued growth of their businesses.
Website: http://www.benchmarkcorporate.com
Blog: http://blog.benchmarkcorporate.com/
Contact
Benchmark International
Brittney Zoeller
813-898-2350
www.benchmarkcorporate.com
Brittney Zoeller
813-898-2350
www.benchmarkcorporate.com
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