AutoQuotes’ parent company, Revalize, has expanded its geographic footprint and solution portfolio through the acquisition of Sofon, a Netherlands-based provider of guided selling and CPQ (configure, price, quote) software solutions.
This combination is aimed at further expand Revalize’s ability to provide revenue operations and CPQ solutions across industry verticals and geographies.
Consistent with prior acquisitions, Sofon will be fully integrated within the Revalize brand and organisation. The combination is intended to strengthen Revalize’s position as a worldwide leader in CPQ and revenue operations solutions for manufactured products and should allow the company to deliver a broader portfolio of products and services to their expanded global installed base of over 9,000 customers.
Jim Contardi, CEO of Revalize, said: “The acquisition of Sofon expands Revalize’s operation into continental Europe while adding more Fortune 100 businesses to the company’s growing list of world-class customers.
“Our current customers will enjoy a greater range of solutions to fit a wider range of use cases, while Sofon’s customers will benefit from Revalize’s global scale and capability.”
Sofon develops guided selling and CPQ software solutions for companies with complex and customised products in engineered-to-order industries. The company aims to provide quick and easy proposal generation, product configuration, pricing, quotation and order creation. The low-code/no-code architecture and configurable user interfaces should enable ease of deployment, use and maintenance.
Contardi added: “Revalize is committed to delivering the most comprehensive portfolio of enterprise-grade revenue operations solutions in the world. The addition of Sofon is another step in realising this vision.”