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Buyout of Prosvasis by SoftOne Technologies

May 13, 2019

New investment in a Greek accounting software company by SoftOne

SoftOne Technologies, a member of Olympia Group, announced the buyout of Prosvasis, which specialises in providing software and training solutions for accounting firms. Through this new investment, SoftOne further strengthens its leading position in the Greek IT software and cloud services market, expediting its entry into the accounting services sector.

Prosvasis was founded is 2005 and, through multi-level operations, has managed to gain an extensive clientele consisting of over 4,500 accounting firms. Apart from developing accounting management solutions, the company also provides comprehensive support services, by organising seminars and one-day events, as well as publishing books on accounting and tax issues.

As Mr Antonis Kyriazis, SoftOne Technologies CEO, noted, “Through the buyout of Prosvasis, one of the most robust accounting software companies in Greece, we are on track with the goal we have set, which is to transform the way modern businesses operate. This move is part of SoftOne’s growth plan and joins a series of significant strategic investments that strengthen our leading position in the market. I would like to welcome Prosvasis and its distinguished executives to the SoftOne family, and to voice my optimism over the outcomes of our joining forces.”

Ms Ioanna Kotsogianni, General Manager at Prosvasis, added, “Our inclusion into the SoftOne family marks the first day of a new era for Prosvasis. I am absolutely certain that through exchanging technical know-how and complementing each other’s operations and solutions, we will create a unique value proposition in the accounting and tax services sector.”