Valsoft Corporation Raises Funding To Accelerate Growth In Vertical Market Software

By Author: Orson Amiri
Total Articles: 229
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Valsoft Corporation Inc., a Canadian company specializing in acquiring and developing vertical market software businesses, has successfully closed a growth funding round, securing US$170 million. The investment, led by Coatue and Viking Global Investors, aims to expedite Valsoft's portfolio expansion and solidify its global leadership in the vertical software sector. Valsoft CEO Sam Youssef notes that the funds will enable faster execution of their strategic plan, capitalizing on market dynamics and enhancing the portfolio strategy's powerful effects. Valsoft's approach involves identifying strong businesses with growth potential, fostering an entrepreneurial environment, and creating enduring partnerships for sustainable growth.

Coatue's Managing Director, Aaron Weiner, expresses excitement about accelerating Valsoft's growth, emphasizing the company's impressive track record in acquiring and growing its software portfolio. Youssef highlights Valsoft's model, emphasizing long-term partnerships, the absence of predefined investment horizons, and the focus on creating enduring value for portfolio companies, contributing to Valsoft's sustainable growth over time.

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