Valsoft Corporation secures US $170M growth funding - Private Capital Journal
Summary
CPE News (1.22.2024) – Valsoft Corporation Inc. has raised US $170 million in growth funding led by Coatue and Viking Global Investors. “We expect the funds to allow us to execute our strategic plan faster, positioning us to take advantage of attractive market dynamics and the powerful effects of our portfolio strategy, which delivers increased value for our companies and their customers.” Valsoft has helped shape its portfolio of software companies into leaders in their respective fields by identifying strong, established businesses with compelling opportunities for growth and working to create an entrepreneurial environment that enhances performance and competitiveness. “Valsoft’s impressive track record of acquiring companies and growing its portfolio demonstrates the significant opportunity to innovate in the vertical market software industry. 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.