Second Consecutive Year of Record Acquisitions and Vertical Expansion
With over 25 acquisitions in 2023, it’s been another year of growth, partnership, and shared achievements for Valsoft. This remarkable accomplishment is a testament to the dedication, expertise, and unwavering commitment of each and every member of our exceptional team.
Having companies in almost 40 verticals, many of the acquisitions went to strengthen current verticals including Transportation & Logistics, Print & Publishing, Aviation, and Travel & Leisure where we welcomed Seekda and TigerTMS.
Our strategic mergers and acquisitions have not only broadened our current market presence but, has also added eight new verticals including Geographic Information Systems, Supply Chain Management, and Marketing Automation.
The continued growth and accelerated momentum of companies after they join the Valsoft network underscores our strategic foresight and operational synergy. Our portfolio companies continue to grow and solidify their position as industry leaders like Asteris, in the Animal Health space, which doubled its revenue in the last two years, or Vocantas, in the Workforce Management space, which has grown by 25%, year after year, since acquisition.
We eagerly await 2024 to welcome additional businesses into the Valsoft family, while fostering partnerships with entrepreneurs, advisors, and visionaries.
– Sam Youssef, CEO Valsoft
2023 in numbers
- 25 total acquisitions in 10 countries
- 11 acquisitions in North America
- 14 acquisitions in Europe and Australia, including our first acquisition in Austria
- Eight new verticals
Growth and Recognition
Valsoft continued to receive numerous awards and recognition in 2023, including:
- For the 3rd Consecutive year, Valsoft was ranked on Canada’s Top Growing Companies list by The Globe and Mail with a 316% growth over a three-year span.
- Enterprise-Industry leader award winner as part of the 2023 Deloitte Technology Fast 50™ program with 340% growth.
- Top 500 growing software companies in North America by Deloitte.
- Recognized as warded as Growth Leader by L’Actualite.
- Certified Best Place to Work.
- Certified Best Workplaces in Financial Services & Insurance 2023, by Great Place To Work.
Giving Back: Valsef Dream Big Foundation
Founded in 2022, the Valsef Dream Big Foundation was aligned with Valsef Group co-founders Stephane Manos and Sam Youssef belief in collective responsibility to bring about a positive transformation. Valsoft and sister entities (Valstone, Valnet, and Valsef Capital), contribute 1% of profits to the Foundation to be donated to charitable organizations in the core areas of Youth, Education, Environment, and Health. To date, the Foundation has donated $860,000 to children’s hospitals, youth sports programs, palliative care associations, and various organizations helping people with cancer, critically ill children, the homeless, and more.
Unlock Your Business Potential: Connect with our M&A team
Our M&A experts at Valsoft are happy to talk with you if you’re considering selling your business. You can connect with them on LinkedIn:
