PROPELR Growth Fund’s investment in software portfolio company Valsoft Corporation

Goodmans acted for PROPELR Growth Fund in connection with its participation in a US$150 million investment in software portfolio company Valsoft Corporation.

Valsoft Corp. is a Montreal-based software rollup that acquires 20 to 25 small software companies annually with the goal of increasing its acquired companies' revenues and profits. The deal values Valsoft at more than US$2 billion and this investment will further accelerate Valsoft’s expansion in the vertical market software sector.

Portage Capital Solutions and Viking Global Investors led the deal.

PROPELR Growth is a Toronto-based growth equity investment firm, investing in a wide range of technology and tech-enabled businesses with a focus on Canadian based opportunities. PROPELR supports its portfolio companies by leveraging deep strategic relationships, decades of capital markets expertise, and a strong track record of value-added investing.