Compusoft + 2020 acquires RFMS – Floor Covering News
Ft Lauderdale, Fla.—Compusoft +2020, a leading global provider of end-to-end software and content solutions for the residential spaces, has completed its acquisition of Resource and Financial Management Systems Inc. (RFMS), a leading provider of management software serving the flooring market.
RFMS said it will continue to operate after the acquisition under the leadership of Madeleine Bayless, CEO of RFMS, and Rod Bayless, COO of RFMS.
“For over 35 years, RFMS has been synonymous with family values, innovative industry-specific software and outstanding customer satisfaction,” said Madeleine Bayless. “We are proud of the position RFMS occupies today as the best software for the flooring industry. We also spoke out about our commitment to building on the best and not relying on our historic success. Joining the world-class team at Compusoft+ 2020 offers a bright future for RFMS with a range of opportunities, especially in the areas of product integration and global expansion. In addition, our alignment with core values will increase the positive impact for our customers and team members. Rod and I couldn’t be more excited to join the team on this journey!”
RFMS has over 35 years of experience streamlining flooring businesses to help owners become more efficient and profitable. RFMS offers a comprehensive range of solutions for the flooring industry, including ERP, CRM, measurement and estimation applications and payments. The software suite is enhanced through industry-aligned training and customer service.
The acquisition expands Compusoft + 2020’s coverage of the spaces for living ecosystem. Establishing a leading presence in the North American flooring market is highly strategic and complementary to its existing solution suite, said the company, which focuses on the kitchen and bathroom, furniture and windows, doors and glass industries. RFMS, along with Compusoft + 2020, will benefit from a global footprint and scaled expertise in product, R&D, go-to-market and customer success to ensure all customers receive a best-in-class offering with innovative products and dedicated service. Company. † The combined company will be ideally positioned to be the reference end-to-end platform for the flooring industry worldwide.
“Our vision is to make spaces to live great,” said Joerg Jung, CEO of Compusoft+2020. “RFMS is exactly the type of strategic M&A opportunity we’re looking for. It expands our offering to new customers. the flooring field and also allows us to better cater to the needs of our existing customers.I was delighted when the RFMS team agreed to be part of our fast-growing group.The strong history of RFMS, dedication customers and core values align with ours and we are excited to unlock the potential of this combination and achieve our shared goal of creating the leading global offering in flooring.”