Valsoft Corporation Raises Funding to Accelerate Growth in Vertical Market Software
01/19/24, 7:46 PM
Location
Money raised
$170 million
Industry
finance
Investors
Viking Global Investors, Coatue
Valsoft Corporation Inc. announced the closing of US$170 million growth funding led by Coatue and Viking Global Investors to accelerate portfolio expansion and strengthen its leadership position as a global consolidator in the vertical software sector.
Company Info
Location
st laurent, quebec, canada
Additional Info
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.