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1 March 2021
Finance
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Avanquest, Claranova’s software publishing division, completes its acquisition of PDFescape

Avanquest, Claranova’s software publishing division, announces the closing of its acquisition of PDFescape, the document management business of the US company, CTdeveloping, LLC. This new acquisition strengthens Avanquest’s PDF solutions offering as part of a targeted buy and build strategy initiated by Claranova to transform Avanquest and its brand Soda PDF into a PDF software market leader. The amount and details of the transaction are not disclosed.

Since its creation in 2007, PDFescape has focused on offering the best PDF management tools through powerful and intuitive software applications designed to facilitate the digital life of its users. In 2016, PDFescape accordingly integrated the Soda PDF technology into the desktop version proposed to more than a million visitors to its website each month. Leveraging this ability to generate online traffic, PDFescape is regularly ranked by search engines among the top pages for the most frequently searched keywords of PDF solution users. The integration of PDFescape alongside the Soda PDF brand will thus strengthen the visibility of Avanquest’s offering by making available to even more users the best easy-to-use tools for creating, editing, converting, emerging splitting, signing and protecting PDF files.

Eric Gareau, CEO of Avanquest’s PDF division commented:After several years of collaborating together, we are proud that PDFescape is being added to Avanquest’s portfolio of PDF solutions. The quality of their products and its significant capacity to generate online traffic will strengthen the visibility of our PDF software offering. A high potential market segment in which Avanquest is more than ever ideally positioned to maintain its trajectory of profitable growth.”

To learn more about the free online PDFescape tools or download the software version for Windows, visit: www.pdfescape.com

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