USA – Genstar Capital and TA Associates have signed a definitive agreement to merge their portfolio companies.

Compusoft, an international provider of specialized visual configure, price, quote software to key retail and manufacturing industries, and 2020 Technologies, a provider of specialized computer-aided design, configure, price, quote and enterprise services dedicated to interior design, space planning and furniture manufacturing industries.

Compusoft is a portfolio company of TA Associates, a global growth private equity firm that invested in Compusoft in 2018. 2020 Technologies  is a portfolio company of Genstar Capital, a private equity firm focused on investments in targeted segments of the financial services, healthcare, industrials and software industries that recently acquired 2020. The newly-combined company will be majority owned by Genstar and TA.

David Tombre, chief executive officer of Compusoft, said, “We are excited by the opportunity this combination presents to create a leading provider of vCPQ (Visual – Configure, Price, Quote) solutions for home and commercial spaces. Given Compusoft’s presence in Europe and 2020’s presence in North and South America, the two businesses are truly complementary. Our priority remains our customer’s success and together we will provide an enhanced offering across support, content, innovation and technology.”