Montreal, Canada, August 22nd, 2023 – Valsoft Corporation Inc. (“Valsoft”), a Montreal-based company specialized in the acquisition and development of vertical market software businesses, is pleased to announce the successful acquisition of Microdeb. Renowned as an industry leader, Microdeb is at the forefront of offering comprehensive solutions that streamline payment and order transactions through its proprietary closed system.
Microdeb’s diverse clientele, encompassing both private businesses and the public sector, attests to its expertise in optimizing transactional processes. As a standout leader in Sweden, Microdeb’s impressive achievements encompass an extensive installation base, intricately designed customer solutions and an expansive customer portfolio. The company’s payment system generates approximately 150 million transactions annually, underscoring its significant impact on modern transactional landscapes.
Isac Wiksten, CEO of Microdeb, expressed his enthusiasm, stating: “We are excited to join the Valsoft family to continue the story of Microdeb as a market-leading payments service provider for our customers. Partnership with Valsoft will enable us to strengthen our business and grow as a comprehensive solution by combining our industry expertise and network with theirs to invest in and look towards the future.”
In a strategic move, this acquisition propels Microdeb into an even more prominent position within the Swedish and European markets.
With this latest acquisition, Microdeb becomes the second company to be acquired in Sweden by Valsoft. The expansion into these markets, in synergy with Valsoft’s vertical market approach, positions Microdeb to enhance its presence and elevate its flagship product to new heights.
Jeffrey Messud, Operating Partner at Aspire Software, a division of Valsoft shared his excitement stating: ‘“Microdeb has solidified its market leadership in Sweden by offering a complete POS solution tailored to specific market segments such as catering and or canteens. We are truly enthusiastic about welcoming Microdeb to Valsoft and strengthening our POS vertical strategy. Our commitment to investing in product development and delivering exceptional customer support to our existing clients remains unwavering, as we simultaneously expand Microdeb’s footprint.”
Founded in 1979, Microdeb has its head office in the Lindholmen Science Park in Gothenburg. With 20 dedicated and talented employees in Sweden, Microdeb is a recognised and distinguished industry leader providing solutions to streamline payment and order transactions. With a proprietary closed system, Microdeb serves a wide range of customers in both the private and public sectors.
About Valsoft Corporation:
Valsoft Corporation acquires and develops vertical market software companies through which each business can deliver the best mission-critical solutions for customers in their respective industries or niche. A key tenet of Valsoft’s philosophy is to invest in well-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.
Valsoft was represented internally by Ssin Choi (Senior Legal Counsel), Oliver Gray (Senior Legal Cousnel), David Felicissimo (General Counsel) and Elisa Marcon (Corporate Paralegal). Externally, Valsoft was represented by Erik Löfwall and Simon Lindström of Hammarskiöld in Sweden..
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