Valsoft Corporation – a Canadian company specializing in acquiring and developing vertical market software businesses – recently announced the closing of US$170 million in growth funding. This investment – led by Coatue and Viking Global Investors – seeks to accelerate Valsoft’s portfolio expansion and strengthen its leadership position as a global consolidator in the vertical software sector.
Valsoft helped shape its portfolio of software companies into leaders in their respective fields by identifying strong, established businesses with compelling opportunities for growth and working on creating an entrepreneurial environment that enhances performance and competitiveness.
KEY QUOTES:
“After more than doubling the size of our business over the past 24 months, we are entering a new phase of growth. We expect the funds to allow us to execute our strategic plan faster, positioning us to take advantage of attractive market dynamics and the powerful effects of our portfolio strategy, which delivers increased value for our companies and their customers.”
“We feel our model offers several distinct advantages to our portfolio companies. We do not operate with a predefined investment horizon but instead focus on building long-term partnerships with existing management and customers. This compounds over time, which allows us to create enduring value for our portfolio companies and drive Valsoft’s sustainable growth over time.”
– Valsoft CEO Sam Youssef
“Valsoft’s impressive track record of acquiring companies and growing its portfolio demonstrates the significant opportunity to innovate in the vertical market software industry. Coatue is thrilled to help accelerate Valsoft’s remarkable growth and join the team on the next phase of their journey.”
– Aaron Weiner, Managing Director of Coatue
