Companies under Aspire experience faster growth, while staying committed to customer bases
Every company that is looking for an acquirer has their own reasons for doing so. Some owners may reach a point where they’re ready to move on after pouring years, even decades into their company, building it from the ground up and establishing a reputable operation. Some may find themselves frustrated in feeling they’ve hit a glass ceiling and don’t have the resources to grow any further. Whatever the reasons are, choosing the right acquirer is not a decision to be taken lightly.
There are many factors to take into consideration: Will your employees have opportunities to flourish under a larger conglomerate? Will the same commitment be shown to your customers as you have all these years? Will your company truly be given the opportunities to grow and live on, or will an acquirer merely look to buy, boost your company’s value, then flip it later on? These are all key things to consider in deciding on a new home for your business.
Aspire understands these concerns from business owners who are looking to sell. Acquisitions are always made with the purpose of keeping a company and reinvesting in it. Customers are always Aspire’s top priority, as we understand the commitment it takes to establish a loyal customer base.
Here are five key benefits for your business when it joins the Aspire Software family, and by extension, the Valsoft Corp. family.
1. A permanent home
Aspire has never sold any business under its umbrella. In our acquisitions, we have sought software businesses across a large range of sectors. The common denominator in our companies is that they have established their presence in their industry over a long period of time. Aspire specializes in growing long-established companies that are in need of a technology update.
We aim to continue growing our companies in a sustainable fashion and continue to reinvest. Business owners can sell to Aspire with the peace of mind knowing their legacy will remain intact, while continuing to thrive for many years.
2. Autonomy over day to day operations
While Aspire makes its presence felt throughout an organization, we never look to micromanage. We believe in an autonomous approach, wherein our companies can be run in a decentralized management structure. This collaborative approach allows our teams to work directly with our companies without taking over day-to-day operations.
We believe with the right people in place, companies are best served running as independently as possible. That way, leaders can truly prove their worth and have somewhere to turn when they need more resources to sustain growth.
3. Access to a deep pool of industry counterparts
With a dedicated team of business leaders, the Aspire group is full of passionate managers who have shared best practices and knowledge amongst each other. As a result, not only has each company managed to grow, but individuals grow as well.
Kent Howard, whose role has grown to VP and portfolio manager of Hospitality, has worked with many counterparts across Aspire’s vertical markets and has leveraged that grow companies in his portfolio.
“As part of the Aspire Software family, business unit leaders have access to a deep array of talent and experience that we can leverage to help us improve our companies.”
As Aspire continues to expand its portfolio in various industries, our team leaders will only get stronger as the pool of talent gets deeper.
4. Grow faster and unlock your products’ greater potential
A common concern companies have faced prior to joining Aspire is reaching a growth limit. As the demands for technology updates increase, some companies struggle to keep pace. However, with Aspire’s resources and dedication, our companies see growth at a faster pace, with the potential to finally push projects forward.
For example, InnQuest Software, an established presence in the property management software market, felt they were falling behind competitors prior to joining Aspire.
Following their sale, InnQuest managed to nearly double its annual revenue in just a few years and brought their flagship product roomMaster to the cloud.
“I think Aspire proved with its vision for InnQuest and where we are today that their goal is to grow companies when taking over, while staying true to the product and client base,” said Howard, who runs InnQuest under his hospitality portfolio.
5. Unlimited career growth opportunities
Aspire looks for passionate people to entrust for companies to sustain growth. Employees gain the opportunity to gain more and more responsibility and play a bigger part in growing not only their company, but their own status. By using a decentralized approach, Aspire ensures that the cream rises to the top within each company.
“Your success is in your hands with Aspire,” says Christy Carnley, who has climbed the ladder to VP of Resource and Development in Aspire’s hospitality portfolio. ”You feel that you can expand your role and you’re given that opportunity here.”
Final thoughts
Aspire’s underlying commitment to all companies that join our group is that we aim to grow together. Buy. Enhance. Grow. is our philosophy and we’re dedicated to delivering on that promise to each company under our umbrella.
“We will work together to build upon your legacy and take your company to new heights.”
Michael Assi, CEO of Aspire Software
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Buy. Enhance. Grow. Aspire Software’s mission is to acquire and grow vertical software businesses that provide mission-critical solutions in their respective niche or market. Our team of entrepreneurs and business builders have an unwavering commitment to developing our brands and expanding into new markets thanks to its decentralized management strategy and indefinite hold period.
For more information please contact us here.
