Valsoft Enters the Government Vertical with the Acquisition of Cascade Software Systems, Inc.
Montreal based Valsoft Corporation, a company that specializes in the acquisition and development of vertical market software companies, has acquired industry veteran in the local government software space, based in Eugene, Oregon.
MONTREAL, QUEBEC (January 3, 2019) – Valsoft, a company specialized in the acquisition and development of vertical market software companies, is pleased to announce that it has acquired the assets of Cascade Software Systems, Inc. (“Cascade”), a leading provider of enterprise software solutions and mobile applications for the local government market.
Cascade delivers highly segmented and integrated end-to-end solutions designed to manage all facets of local government project cost accounting and operations. Cascade provides solutions for a wide range of local government operations including project costing/billing, fleet maintenance, accounts payable, time tracking, equipment usage, materials inventory and usage, facilities management, and mobile applications to manage workflow and cost tracking. Cascade’s mission is to help local governments manage and operate projects and work on a micro and macro basis with integrated tools which both minimize data entry and maximize accuracy.
Headquartered in Eugene, Oregon, Cascade has a strong footprint across the western United States, with some of the largest California counties as their customers.
“Growing Cascade Software Systems into a premier agency-level cost accounting software package in the West Coast over the past 30+ years has been both challenging and rewarding” said Aad Alkemade, Founder of Cascade Software Systems. “I care deeply about the software, our customers, and our staff, and I feel very confident that Valsoft’s resources, experience, and guidance will allow Cascade to improve and grow.”
Aad will assist with a seamless transition to the Valsoft team and Cascade COO, Ayren Spinner, will oversee the day-to-day operations of the company.
“Cascade is a leading provider of cost accounting solutions in the local government space and is used by some of the largest local governments in the United States,” said Stephane Manos, Co-Founder at Valsoft, “Valsoft looks forward to providing resources to the dedicated professionals at Cascade that will permit them to grow and expand, opening doors to new customers across the United States. We are proud to have them join our growing family.”
Cascade will continue to operate out of its Eugene, Oregon headquarters as a subsidiary to Valsoft.
Since 1988, Cascade Software Systems’ clients have enjoyed the benefits of WinCAMS integrated Cost and Project Accounting Management system that incorporates all accounting modules (Timecards, Payables, Receivables, Projects, Budgets, Fleet, Assets, Inventories, Sewer, Water, Utilities A/R, etc.) for a county / city department and offers extensive electronic interface options to eliminate duplicate data entry and data redundancy.
About Valsoft Corporation
Valsoft specializes in building and acquiring vertical market software companies that provide mission critical solutions in their respective industry or niche. Valsoft’s operating strategy is to hold, invest and create value in companies for the long-term through various organic growth and acquisition initiatives. Valsoft is headquartered in Montreal, Quebec, Canada.
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