- South Korean lawmakers impeach second president in two weeks
- Slot says 'too early' for Liverpool title talk
- Mayotte faces environment, biodiversity crisis after cyclone
- Amorim says 'survival' aim for Man Utd after Wolves loss
- Amorm says 'survival' aim for Man Utd after Wolves loss
- Desertions spark panic, and pardons, in Ukraine's army
- China sanctions US firms over Taiwan military support
- Asian markets mostly rise but political turmoil holds Seoul back
- N. Korean soldier captured in Russia-Ukraine war dies: Seoul
- Huthis claim new attacks on Israel after strikes hit Yemen airport
- World number six Rybakina makes winning start at United Cup
- South Korean lawmakers impeach acting President Han Duck-soo
- Israeli strikes hit Yemen airport as WHO chief prepares to leave
- Swiatek not expecting WADA appeal over doping scandal
- India lose five after Smith's heroics put Australia in charge of 4th Test
- 'Dangerous new era': climate change spurs disaster in 2024
- Fritz motivated for Slam success after low-key off-season
- Move over Mercedes: Chinese cars grab Mexican market share
- Zverev aiming to challenge Sinner for top ranking
- N. Korean soldier captured in Russia-Ukraine war: Seoul
- Inspired Tsitsipas looking to 'refresh, regroup' in Australia
- India announces state funeral for former PM Manmohan Singh
- Seahawks edge Bears to boost NFL playoff hopes
- Rohit out cheaply as Smith heroics put Australia in charge of 4th India Test
- Thunder NBA win streak at nine as Shai ties career high with 45
- India announces state funeral for ex-PM Manmohan Singh
- Japan govt approves record budget for ageing population, defence
- Japanese shares gain on weaker yen after Christmas break
- Smith's 140 puts Australia in control of 4th Test against India
- South Korea's acting president faces impeachment vote
- Fleeing Myanmar, Rohingya refugees recall horror of war
- Smith century puts Australia in control of 4th Test against India
- Israeli strikes hit Yemen as Netanyahu fires warning
- Peru ex-official denies running Congress prostitution ring
- Australia's Smith reaches 34th Test century
- NHL Red Wings fire Lalonde and name McLellan as head coach
- InterContinental Hotels Group PLC Announces Transaction in Own Shares - December 27
- Relief Therapeutics Provides Update on Potential Transaction with Renexxion
- Australian bushfire burns area the size of Singapore
- Injured Halep withdraws from Australian Open
- Liverpool power seven points clear, Man Utd crash at Wolves
- Two killed in treacherous Sydney-Hobart yacht race
- Leaders Liverpool survive Leicester scare to go seven points clear
- Membership of UK's anti-immigration Reform party surpasses Conservatives
- US stocks take a breather, Asian bourses rise in post-Christmas trade
- Two dead in treacherous Sydney-Hobart yacht race
- Amorim warns of 'long journey' ahead for miserable Man Utd
- Three dead, four injured in Norway bus accident
- Russia missile suspected in Azerbaijani plane crash, Moscow warns against 'hypotheses'
- Man Utd fall to Wolves as Fernandes sees red
Valsoft Corporation Secures $150M to Further Accelerate Growth in Vertical Market Software Sector
New equity funding from Portage Capital Solutions, Viking Global Investors, and PROPELR Growth underscores Valsoft's leadership and growth potential
Valsoft Corporation Inc. ("Valsoft"), a Canadian company specializing in the acquisition and development of vertical market software businesses since 2015, today announced it has raised US$150 million in growth equity funding.
This strategic financing round was led by Portage Capital Solutions, with participation from PROPELR Growth and existing investor Viking Global Investors. The new funding will accelerate Valsoft's portfolio expansion, support the launch of innovative products and services, and strengthen its leadership position as a global consolidator in the vertical software sector.
"We are thrilled to welcome our new equity partners who share our vision of becoming a global leader in the vertical software market," said Sam Youssef, CEO of Valsoft. "This new funding will allow us to capitalize on exciting organic and inorganic opportunities, further strengthen our portfolio strategy, and deliver enhanced value for our companies and their customers."
Valsoft specializes in acquiring and developing vertical market software companies that deliver mission-critical solutions across diverse industries. By identifying well-established businesses with significant growth potential, Valsoft has built a portfolio of industry leaders. The company is committed to long-term partnerships, working closely with entrepreneurs to optimize performance and expand the competitive edge of its portfolio companies.
"For nearly a decade, Valsoft has demonstrated its ability to acquire and operate software companies with exceptional results," said Dan Ballen, Co-Head and Partner of Portage Capital Solutions. "We are excited to support Valsoft's growth in its core software markets and, by leveraging Portage's heritage as fintech-focused investors, through the expansion of innovative monetization channels, such as embedded financial services and AI-powered customer tools."
"Valsoft management has executed its VMS acquisition strategy on a world-class level. PROPELR Growth is proud to partner with one of the top late-stage growth companies in Canada," said Sanjiv Samant, Managing Partner and Founder of PROPELR Growth.
Looking ahead, Valsoft aims to expand its portfolio across new geographies and industries, explore emerging technologies, and develop products that provide even greater value to customers and partners. The company's long-term strategy focuses on building enduring partnerships with management teams and fostering sustainable growth within its portfolio.
"Our model is unique in that we prioritize long-term value creation without the constraints of predefined investment horizons," said Joseph Koubbieh, CIO at Valsoft. "Through building long-term partnerships with existing management and customers that compounds over time, we create enduring value for our portfolio companies while driving Valsoft's sustained growth."
TD Securities, Canaccord Securities and BMO Capital Markets are acting as strategic advisors on the Transaction.
About Valsoft
Valsoft acquires and develops vertical market software companies that deliver mission-critical solutions. A key tenet of Valsoft's philosophy is to invest in established businesses and foster an entrepreneurial environment that shapes a company into a leader in its respective industry. Unlike private equity and VC firms, Valsoft does not have a predefined investment horizon and looks to buy, hold, and create value through long-term partnerships with existing management and customers.
Learn more: www.valsoftcorp.com.
Media contact information
Communications and Public Relations
Valsoft Corporation
[email protected]
514-814-1554
SOURCE: Valsoft Corp
O.Karlsson--AMWN