Valsoft Corporation Raises Funding To Accelerate Growth In Vertical Market Software

 

Valsoft Corporation Inc., a Canadian firm specializing in vertical market software businesses, has successfully closed a substantial US$170 million growth funding round led by Coatue and Viking Global Investors. The primary goal of this investment is to accelerate Valsoft's global leadership in the vertical software sector by expanding its portfolio and reinforcing its position as a consolidator. CEO Sam Youssef notes the company's significant growth, having doubled in size over the past 24 months, and anticipates that the funds will expedite the execution of their strategic plan. This strategic plan aims to capitalize on market dynamics and the influential effects of their portfolio strategy, ultimately delivering increased value for both Valsoft's companies and their customers.

Valsoft's success lies in shaping its portfolio into industry leaders, identifying robust businesses with growth potential, and fostering an entrepreneurial environment to enhance performance and competitiveness. Aaron Weiner, Managing Director of Coatue, expresses excitement about participating in Valsoft's remarkable growth, citing their impressive track record in acquiring and growing their portfolio. Youssef emphasizes Valsoft's unique model, focusing on long-term partnerships without predefined investment horizons, allowing them to create enduring value and drive sustainable growth for their portfolio companies over time.

Read More - https://www.techdogs.com/tech-news/business-wire/valsoft-corporation-raises-funding-to-accelerate-growth-in-vertical-market-software

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