SignUp Software acquires leading Dynamics ISV, Axtension, from Fellowmind.

Stockholm, December 20, 2023 - SignUp Software, a leading provider of innovative financial processing solutions for the Microsoft Dynamics 365 platform, is happy to announce the acquisition of Netherlands-based company Axtension, an Independent Software Vendor founded in 2007 and Microsoft Inner Circle Partner. Axtension specializes in accounts payable automation, document management, enterprise projects and shipment orchestration.  

With this acquisition, SignUp Software expands the reach of its portfolio of ISV solutions for Microsoft Dynamics 365. This new constellation will provide an unrivaled offering for customers and partners.

The integration of Axtension's expertise and product portfolio further enhances SignUp's ability to meet the rapidly evolving needs of its worldwide customer base.

"We are excited to have six strong new products to offer end-customers and partners alike, and we are very happy to continue to develop our already established partnership with Fellowmind. We are impressed with the knowledge the Axtension team brings to our joint business", says Olof Hedin, CEO of SignUp Software. "This new collaboration allows us to provide customers with an expanded set of tools to optimize control over their business processes."

 "It is our passion to extend business solutions beyond intuitive to proactive so that those who work with them can focus on what matters: meaningful work that makes people feel fulfilled and drives business forward. We are very excited to join forces with SignUp to accelerate development of state-of-the-art business solutions, strengthening our partners value proposition and further increasing the value our customers extract from their Microsoft 365 investments", says Myra-Bella Prins, CEO of Axtension.

"We are confident that this acquisition will enable Axtension to further grow and expand its reach, and we look forward to accelerating our collaboration with SignUp as a premium partner to deliver tailored solutions to our clients and drive digital transformation in various industries. We believe that SignUp will provide a great home for Axtension, and will continue to enhance their capabilities with their innovative business solutions for Microsoft Dynamics 365", says Ernst-Jan Stigter, CEO of Fellowmind

SignUp Software remains dedicated to innovation; ensuring that their solutions evolve in tandem with the dynamic needs of modern businesses. The integration of Axtension's capabilities strengthens the company's position as a market leader in delivering ISV solutions for Microsoft Dynamics 365.

SignUp Software: Olof Hedin, CEO olof.hedin@signupsoftware.com

Axtension: Myra-Bella Prins, CEO Myra-Bella.Prins@axtension.com

Fellowmind: Ernst-Jan Stigter, CEO Ernst-Jan.Stigter@fellowmindcompany.com

About SignUp Software

SignUp Software was founded in 1999. Since inception, SignUp Software has built a solid reputation within Microsoft Dynamics with expertise within Accounts Payable (AP) and the invoice process automation solution ExFlow. Globally, more than 1500 customers use ExFlow to strengthen their AP and invoicing processes in more than 60 countries.

SignUp Software is an independent software vendor (ISV) currently operating from Sweden (HQ), Denmark, Norway, Netherlands, UK, USA, Canada, Singapore, and Australia with more than 150 employees. For more information about SignUp Software and its suite of ISV solutions, please visit https://www.signupsoftware.com

About Axtension

Founded in The Netherlands, Axtension is an independent software vendor dedicated to extending the capabilities of the Microsoft Dynamics 365 platform. Since 2007, Axtension's team of experts have added continuous value to Microsoft Dynamics 365 by developing seamlessly integrated add-on business solutions for accounts payable automation, document management, enterprise projects and shipment orchestration. Read more: https://www.axtension.com

About Fellowmind

Fellowmind was founded in 2019 and operates today in six European countries: Sweden, the Netherlands, Finland, Denmark, Germany, and Poland, across various industries. They have over 2500 customers globally. Fellowmind aims to establish meaningful connections, encouraging people to enjoy working with technology, and making technology work for them. They assist in expediting digital transformation for their clients through tailored solutions. Visit Fellowmind at: https://www.fellowmindcompany.com/

Datum 2023-12-21, kl 13:30
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