Montreal-based Valsoft has raised $150 million USD in equity financing, achieving a valuation of over $2 billion. The round was co-led by Portage Capital Solutions and Viking Global Investors, with Propelr Growth also participating. Valsoft specializes in acquiring and growing software firms in sectors like dental practices, construction, and government, boasting over 100 acquisitions to date.
This latest funding follows a $170 million debt raise in January and bolsters its capacity for further acquisitions. Operating similarly to Constellation Software, Valsoft centralizes resources for its acquired companies, providing marketing expertise and capital to drive growth.
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