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Associated Press
18 hours ago
- Business
- Associated Press
Valsoft Corporation Acquires collectionHQ, Global Leader in Library Collection Performance Solutions
MONTRÉAL, QC / ACCESS Newswire / June 27, 2025 / Valsoft Corporation Inc. ('Valsoft'), a Montreal-based company specializing in the acquisition and development of vertical market software businesses, is pleased to announce the acquisition of collectionHQ, the world's leading provider of data-driven collection performance improvement solutions for libraries. Founded in Glasgow, United Kingdom, collectionHQ was introduced to the public library market in 2008 as a solution to help librarians integrate the Evidence Based Stock Management (EBSM®) methodology into their workflows. As the only tool on the market delivering actionable, data-driven insights, collectionHQ quickly gained traction across the UK, United States, Canada, Australia, and New Zealand, becoming one of the most talked-about innovations in the public library sector. Most recently, collectionHQ has extended its proven technology to academic institutions with the launch of cHQacademic, a new solution designed to help academic libraries make informed, efficient decisions that enhance the student experience. 'collectionHQ is a strong fit with Valsoft's mission of acquiring and growing market-leading vertical software companies,' said Peter Blanchard, Portfolio Vice President, Valsoft. 'Their track record of innovation and dedication to serving the evolving needs of libraries worldwide aligns perfectly with our long-term vision. We're proud to welcome them to the Valsoft family.' 'We are excited to enter this new chapter with Valsoft,' said Amandeep Kochar, CEO of Baker & Taylor. 'Their experience scaling software companies globally makes them an ideal partner as we continue to evolve our solutions and serve the needs of public and academic libraries around the world.' collectionHQ will continue to operate under its existing brand and leadership, with a focus on expanding into new markets, strengthening customer relationships, and driving product innovation. Valsoft was represented internally by David Felicissimo (General Counsel), Oliver Gray (Senior Legal Counsel) and Elisa Marcon (Corporate Paralegal). Bridgeall Libraries Limited (the seller of the collectionHQ business) was represented by Ryan Alexander of Offit Kurman and Katy Poole of Buckles Law. About collectionHQ collectionHQ is the world's leading provider of collection performance improvement solutions for libraries. Based on the proven Evidence Based Stock Management (EBSM®) methodology that has been used in libraries for almost thirty years, collectionHQ's products harness cutting-edge technology to analyze data about the library's collection and how it has been used over time to deliver easy-to-use action plans that support continuous improvements. With flexible solutions to accommodate public and academic libraries of all sizes, collectionHQ's team of librarians and data experts provide ongoing support to help optimize workflows, save time and money, improve turnover, and align collections with user demand. About Valsoft Corporation Valsoft Corporation acquires and develops vertical market software companies with the goal of driving long-term growth and value creation. Valsoft partners with companies to provide operational support, capital, and strategic expertise while allowing them to retain their entrepreneurial spirit. Headquartered in Montreal, Valsoft has a presence in over 20 countries and operates in more than 30 vertical markets. Media contact information Thierry Tardif Communications and Public Relations Valsoft Corporation +1 514-799-6679 [email protected] SOURCE: Valsoft Corp press release
Associated Press
15-04-2025
- Business
- Associated Press
Valsoft Expands Healthcare Portfolio with the Acquisition of American Data
MONTREAL, QC / ACCESS Newswire / April 15, 2025 / Valsoft Corporation Inc. ('Valsoft'), a Canadian company specializing in the acquisition and development of vertical market software businesses, today announced the acquisition of American Data, a pioneer in Electronic Health Record (EHR) software for the U.S. long-term care sector. 'American Data is a trusted leader in long-term care, with a best-in-class EHR platform and a team deeply committed to customer success,' said Peter Blanchard, Portfolio VP at Valsoft. 'We are proud to welcome them into the Valsoft family. Our mission is to ensure a seamless transition and continue building on their legacy of innovation and service excellence.' This acquisition deepens Valsoft's investment in healthcare technology, particularly in the senior and long-term care space-an area experiencing rapid growth driven by aging population trends. American Data joins Valsoft's expanding healthcare portfolio, which also includes Vocantas, a leader in complex shift management for healthcare providers. 'It has been an honor and a privilege to serve our clients over the years,' said John Ederer, President of American Data. 'We are confident that Valsoft is the right partner to usher American Data into its next chapter, bringing fresh ideas to better meet our customers evolving needs.' As part of this next phase, Kara McDonald, a healthcare technology veteran with more than 25 years of experience in product strategy and customer success, will lead American Data's growth. Valsoft's operating model centers on providing a permanent, stable home for software businesses, preserving their unique strengths while supporting growth through enhanced resources and operational expertise. American Data will continue to operate independently, maintaining its commitment to innovation, customer service, and excellence, now supported by increased resources, operational expertise, and long-term vision. About American Data For more than four decades, American Data has helped long-term care providers deliver better outcomes through its flagship solution, ECS (Electronic Chart System). ECS offers fully customizable electronic health records tailored to the specific workflows of senior care facilities. The platform integrates clinical, financial, and administrative capabilities to enable seamless communication, real-time decision-making, and regulatory compliance. Learn more at About Valsoft 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. Learn more at Valsoft was represented internally by David Felicissimo (General Counsel) and Elisa Marcon (Paralegal). American Data was represented by Reid J. Hazelton of von Briesen & Roper, s.c.. Media contact information Communications and Public Relations Valsoft Corporation [email protected] SOURCE: Valsoft Corp press release
