Valsoft Corporation Enters Energy Trading & Risk Management Vertical with Acquisition of Inatech, a Glencore company

Acquisitions

Summary

MONTREAL, QC / ACCESSWIRE / June 8, 2022 / Valsoft Corporation Inc. ("Valsoft"), a Canadian-based company specializing in the acquisition and development of vertical market software businesses, has announced its acquisition of Inatech, a rapidly expanding energy trading and risk management solutions company, previously owned by Glencore. "We are incredibly proud to enter the energy trading and risk management vertical through our acquisition of Inatech," said Michael Assi, CEO of Aspire Software, the operating division of Valsoft. With the acquisition, Inatech will be able to accelerate its strategy to serve other energy segments that will benefit their customers that are in turn broaden its product portfolio to help them achieve the global carbon reduction agenda. Established in 2015, Valsoft acquires and develops vertical market software companies, enabling each business to deliver the best mission-critical solutions for customers in their respective industries or niche. A key tenet of Valsofts philosophy is to invest in well-established businesses and foster an entrepreneurial environment that molds companies into leaders in their respective industries.

Classifications

industries
Energy & Natural Resources
applications
ERP & Process Management

AskAI Classifications

Labels
Software Development Vertical Market Software Software Acquisition and Growth

Linked Companies

Valsoft Corporation
$1M to $5M
Inatech
$10M to $25M