Softway
Foreign trade software solutions.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor | €0.0 | round | |
N/A | Acquisition | ||
| Total Funding | 000k | ||
Softway SA was a Brazilian enterprise software company established in 1996, specializing in foreign trade management solutions. The firm developed a platform designed to assist small and medium-sized enterprises (SMEs) with the complexities of export and import processes, providing tools for enhanced control and management.
The company's primary focus was on developing business/productivity software that streamlined international trade operations for its clients. On April 1, 2013, Softway was acquired by Thomson Reuters, a global content and technology company. This acquisition was part of Thomson Reuters' broader strategy to expand its portfolio of software solutions for professionals in the legal, tax, compliance, and risk sectors. Following the acquisition, Softway's offerings were integrated into Thomson Reuters' ONESOURCE Global Trade software solution, launched in May 2015.
Prior to the acquisition, Softway had secured private equity funding in March 2009 from investors including DGF Investimentos, Amundi Private Equity Funds, Spectra Investments, and TMG Capital. The acquisition by Thomson Reuters marked a significant milestone for Softway, integrating its specialized foreign trade software into a global platform. Keywords: Softway SA, Thomson Reuters, foreign trade software, import export management, enterprise software, trade management solutions, business productivity software, SME trade solutions, DGF Investimentos, ONESOURCE Global Trade, Brazilian software company, trade compliance