Sofon B.V.

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Sofon B.V. - overview

Established

1998

Location

-, -, Netherlands

Primary Industry

Software

About

Sofon B. V. is a software company specializing in Configure Price Quote (CPQ) solutions, focused on enhancing sales processes and proposal generation for businesses across various industries. Founded in 1998, Sofon B.


V. operates in the Netherlands and offers CPQ solutions to streamline proposal generation for businesses. In October 2021, the company was acquired by Revalize, Inc. , which will fully integrate Sofon into its brand, expanding its geographic footprint.


Sofon CPQ, developed by Revalize, provides a comprehensive suite of solutions aimed at optimizing the proposal generation process. Key offerings include a Cloud-Based Proposal Organizer, Sales Configurator, and Approval Portal, designed to improve workflows from sales to order management. The primary users of Sofon CPQ are sales teams across manufacturing, technology, and service sectors, particularly in North America and Europe, especially in the United States and the United Kingdom. Sofon CPQ operates on a subscription-based revenue model, allowing clients to pay for access to their software solutions regularly.


Transactions occur between Revalize and its business clients, who rely on the software for efficient proposal generation and customer relationship management. The company's main products are vital to its revenue stream, catering specifically to B2B markets. Following the acquisition by Revalize in October 2021, Sofon will be fully integrated into the Revalize brand, which is expected to enhance its market presence. This integration is anticipated to facilitate expansion into new geographic regions, although specific new markets have not been detailed.


The rationale behind this acquisition indicates a strategy focused on increasing Revalize's geographic footprint, leveraging Sofon's capabilities to optimize sales processes in various industries.


Current Investors

TA Associates, Revalize, Inc.

Primary Industry

Software

Sub Industries

Analytics & Performance Software, Customer Relationship Management, Systems Management Software

Website

www.sofon.com

Verticals

Cloud Computing

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Sofon B.V. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-on, Trade SaleCompletedSofon B.V.-
BuyoutCompletedSofon B.V.-

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