2020 and Promob to Merge Business Operation

Westwood, MA, USA, July 09, 2018 - 2020 announced today the planned merger of its business operations with Promob Software Solutions (Promob). The combination of these two industry-leading software providers will bring more robust solutions to existing and prospective customers, along with newly developed opportunities across the globe. The Promob business, headquartered in Caxias do Sul, Brazil, will continue to operate under the Promob brand. Terms of the transaction were not disclosed.

2020 is the only global provider of applications, solutions and content for interior space planning, omnichannel retail and furniture manufacturing, delivering an end-to-end solution that offers a compelling alternative to ad hoc integration of multiple source component products.

Promob leads the market in Latin America with interior space planning applications, solutions and content tailored for designers, architects, retailers and manufacturers. Promob operates and has offices in multiple countries, including Argentina, Colombia, Peru, Mexico, South Africa and Spain and more than 80,000 users of their software.

“We are excited to welcome Promob into our company,” said Mark Stoever, CEO, 2020. “The addition of Promob is a perfect complement to the consistent organic growth we have delivered over the past few years. With our combined product portfolio, technology, and talent, we can accelerate our joint strategy to provide innovative solutions that designers, dealers, retailer and manufacturers rely on to create amazing spaces for home and work. 2020 and Promob have a shared vision to enable an omnichannel approach for retailers and an end-to-end solution for manufacturers. In our combined organization, we have the DNA to make this vision a reality."

The combination of 2020 and Promob represents a significant expansion of the company’s global leadership and includes tens of thousands of local, independent kitchen and bathroom dealers as well as many of the world’s largest home improvement retailers and manufacturers. The combined team of more than 850 employees will provide global support to multinational customers located across the world.

“We are very proud of the team and business we have built over the years,” said Edson Witt, CEO, Promob. “We have worked diligently to develop software technology and products that deliver real value to our customers and that are specifically suited to their needs. In getting to know the 2020 team, it is clear that both of our companies share a customer-first focus, and I am convinced that the creativity and knowledge of the joint team will bring even greater benefits to our combined customer community.”