Montreal, Canada, August 14th, 2023 – Valsoft Corporation Inc. (“Valsoft”), a Canadian leader, specializing in acquiring and operating software centric businesses, is excited to announce the acquisition GbBIS, a division of Intelligent Direct. With this acquisition, Valsoft has now entered the GIS (geographic information systems) vertical.
A division of Intelligent Direct, GbBIS has 35 years of experience in implementing Geography-based Business Information Solutions, offering a variety of mapping software products, mapping databases, innovative project consulting, and customized GIS data. During that time, GbBIS has delivered over 100,000 projects to clients from the US, Canada, and worldwide. GbBIS’s foundation was built on developing long-term relationships with their clients, establishing a proud tradition of meeting their needs on a consistent basis.
“We are very excited to further grow our portfolio with the acquisition of GbBIS,” said Valsoft CEO Sam Youssef. “GbBIS has a deep knowledge of the geography-based information solutions and serves its growing customer base with passion and dedication. All of which makes GbBIS a great match for Valsoft.”
GbBIS offers clients insights into the impact of location, geography, and related data. They then equip their clients with the necessary tools to apply this knowledge to their operations. Utilizing cutting-edge technology, data, analytics, and system development, GbBIS creates and customizes tools and solutions tailored to their clients’ needs.
“Within Valsoft, we believe that GbBIS will continue prospering and will enter a new and exciting chapter in its history,” said Daniel G. Olasin, founder and CEO of Intelligent Direct Inc. “Part of a global and growing group, GbBIS will be set to continue its progress and sustain its commitment to an excellent product and service to its customers.”
About Valsoft Corporation
Valsoft acquires and develops vertical market software companies, enabling each business to deliver the best mission-critical solutions for customers in their respective industry or niche. A key tenet of Valsoft’s philosophy is to invest in well-established businesses and foster an entrepreneurial environment that molds companies into leaders in their respective industries. Valsoft looks to buy, hold, and create value through long-term partnerships with existing management.
GbBIS, a division of Intelligent Direct Inc., is a leading provider of geographic-based information solutions, providing companies with the tools they need to find success. Whether they need help defining sales territories, planning delivery routes, profiling customers, finding new customers, identifying new markets, GeoCoding locations, or with any number of business solutions, GbBIS has constantly met the needs of its clients on a regular basis.
Valsoft was represented internally by Shinjay Choi (Ssin), Senior Legal Counsel, David Felicissimo, General Counsel, and Ambra Del Busso, Articling Student. GbBIS/Intelligent Direct Inc. was represented by Daniel Abraham, Esq. from Kiam & Abraham LLC in Flanders, New Jersey.
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