TigerTMS will be looking to expand its global reach and enhance their innovation with its integration into Aspire Software.

With over 40 years of industry experience, TigerTMS is one of the world’s largest single suppliers of communications and guest management systems, integrated voice and data solutions, as well as BYOD solutions to the Hospitality industry, with a client base extending to over 10,000 individual hotels.

It provides world-class technology solutions to some of the largest and most prestigious hotel groups as well as hundreds of independent hoteliers.

Now, following its acquisition by Valsoft Corporation, TigerTMS is ready to take things to the next level, operating within Aspire.

“This is a very exciting opportunity for us to further develop our expertise and strengthen our position as the leading provider of hospitality applications worldwide,” said CEO John Owen. “Being part of the Valsoft family will allow us to accelerate our growth and development plans to satisfy hoteliers’ demands for solutions that bring enhanced guest experience, lower operating costs, and adherence to sustainability targets.”

Headquartered in the UK, TigerTMS has regional satellite offices in North America, Europe, the Middle East, and Asia Pacific. This acquisition ensures that TigerTMS clients and partners will continue to receive the same high-quality solutions and support that they have come to expect.

Joining an already robust hospitality portfolio at Aspire, TigerTMS will bring significant additional capabilities to the group, in particular with it global strength and leadership in providing integration solutions for over 120 PMS systems to many commonly used applications in the hotel sector.

“We believe the future is very bright for TigerTMS within our hospitality portfolio,” said Michael Assi, CEO of Aspire Software, the operating arm at Valsoft. “TigerTMS provides indispensable core connectivity and management solutions trusted by leading hotel brands, and its customer service is exemplary. We look forward to working with employees, clients, and partners to maintain its reputation, and take the business to the next level.”

For more information, please see the official press release here:

About TigerTMS

TigerTMS is a leading developer of applications and middleware solutions for the global Hospitality market.

TigerTMS are headquartered in the UK, with regional satellite offices in North America, Europe, the Middle East and Asia Pacific. Sales and 24/7 technical support centres are located in each office providing local presence to their valued clients.

About Aspire Software

The operational arm of Valsoft Corp, Aspire operates and manages Valsoft’s global portfolio of wholly owned software companies, providing mission-critical solutions across multiple verticals. By implementing industry best practices, Aspire Software delivers a time-sensitive integration process, and the operation of a decentralized model has allowed it to become a hub for creating rapid growth by reinvesting in its portfolio

Montreal, Canada, January 25, 2021: Valsoft Corporation Inc. (“Valsoft”), a Montreal-based company specialized in the acquisition and development of vertical market software businesses, is pleased to announce the acquisition of Navotar, a cloud-based car rental software provider, with solutions designed to automate fleet management.

Founded in Mississauga, Ontario by Sanker Shivanathan, Navotar has quickly emerged as a top car rental software vendor in the industry thanks to their cutting edge, cloud-based solutions serving vehicle rental businesses globally that includes cars, boats, RVs, scooters, and more. Going forward, the Navotar brand will continue under Valsoft where the team will actively explore new opportunities for further expansion across all vehicle rental segments.

The acquisition of Navotar is Valsoft’s third complementary investment to their car rental portfolio. In 2018, Valsoft acquired Bluebird Auto Rental Systems and Thermeon Worldwide Ltd, two established leaders in the car rental industry serving over 2000 loyal customers spanning 50 countries. Valsoft’s car rental portfolio is operated by Aspire Software, which Sanker and the entire Navotar management team will join to continue providing Navotar customers with stellar service and innovative solutions.

“Navotar has gained great recognition in the car rental space for providing customer-centric solutions and world-class customer support,” said Sanker Shivanathan, founder of Navotar. “Being part of the Valsoft car rental family will accelerate Navotar’s market proposition to further benefit customers, partners, and employees. I’d like to thank Valsoft and Aspire Software for a smooth acquisition process and look forward to bringing Navotar to new heights.”

“We are thrilled to welcome the Navotar team, clients and partners to the Aspire Software family. The team and culture are well aligned with our values, which has also made this transaction seamless. We could not be prouder to have Navotar join our car rental portfolio” said Michael Assi, CEO of Aspire Software. “This strategic acquisition is fully in line with Aspire Software’s vision to be the global market leader and reaffirms our strong commitment to continue investing substantially in the car rental industry to drive innovation and digital transformation.”

Valsoft Corporation was represented internally by David Felicissimo, General Counsel and Pamela Romero, Paralegal.

Navotar was represented by Esther Berglas of the Law offices of Norman H. Winter

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 industry 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.

About Aspire Software

Buy. Enhance. Grow. Aspire Software, an operating group of Valsoft Corp, is a vertical acquisition software company that owns, operates and manages a portfolio of companies in various fields, including hospitality, food & beverage, car rental software, transport & logistics and more. Aspire constantly seeks opportunities in various verticals. Aspire’s team of entrepreneurs and business builders have an unwavering commitment to developing our brands and expanding into new markets. It is all made possible thanks to its decentralized management strategy and indefinite hold period.

About Navotar

Founded in 2009 as a project-based company, Navotar has held a strong presence in the fleet management software industry for over a decade. Navotar uses the latest tech advancements to eliminate common issues in the car rental business. Using advanced technology, innovation, and dedication, they have delivered industry leading car rental management software to business owners around the world.

For more information on the companies, please visit: https://navotar.com/ and https://www.aspiresoftware.com/.

Source: Aspire Software

Media relations: Johnny Testa

514-294-0334 [email protected]

MONTREAL, Oct. 15, 2019 (GLOBE NEWSWIRE) —

Valsoft Corporation Inc. (“Valsoft”), a Montreal-based company that specializes in the acquisition and development of vertical market software companies, is pleased to announce the acquisition of H&L Australia Pty Ltd., a technology leader in the hospitality industry offering a complete suite of integrated hospitality POS, workforce management and booking solutions.

H&L has provided a premium suite of integrated hospitality POS systems to venues of all sizes for more than 30 years. H&L features an intuitive and customer-centered approach behind their products. As a business full of hospitality professionals, H&L understands the critical requirements for each food and beverage operation. Their goal is to help hospitality business owners find the perfect solution for their venue and operate with maximum efficiency in a cost-effective manner.

“It has been an exciting 32 years for H&L,” said Burt Admiraal, managing director of H&L. “We have had the pleasure of working with the hospitality industry creating meaningful solutions, assisting our client in fixing the day-to-day problems and operational pain points. We are so pleased that we have now joined Valsoft, as they are committed to further developing the brand and expanding to new markets. We will be working with the team to ensure a smooth transition and looking after the interest of our clients.”

Valsoft’s goal is to continue providing H&L customers with stellar service and innovative solutions. In addition, Valsoft’s expertise in the acquisition and operation of vertical market software companies will take the business to new heights. The H&L brand will continue under Valsoft and will explore new opportunities for expansion. Furthermore, H&L and Valsoft are looking to invest heavily in future technology to further strengthen H&L’s array of solutions and build upon customer success.

“We are thrilled to welcome the H&L employees, clients and partners to the Valsoft family. John Hardy and Burt Admiraal, have, alongside their team, built a customer-centric organization and a suite of comprehensive products,” said Michael Assi, CEO of Valsoft’s Travel and Leisure division. “We believe the future is bright for H&L and will strive to continuously innovate and provide the exemplary customer service that H&L customers have gotten accustomed to for the past decades.”

The acquisition of H&L is Valsoft’s eighth investment into the Travel & Leisure software sector and its fourth investment specifically within the hospitality sector. Valsoft acquired InnQuest Software in 2016, followed by Welcome Systems and CMS Hospitality in 2018. Valsoft is excited to work with the H&L staff, expand its portfolio of hospitality clients to more than 6,000 holdings and ensure H&L’s long-term prosperity.

Valsoft Corporation was represented internally by David Felicissimo, General Counsel & Pamela Romero, Legal Counsel, and by external counsel Alistair Jaque of Deutsch Miller in Sydney, Australia. The selling shareholders of H&L were represented by Annabel West and Isobel Maddern from Thomson Geer Adelaide and Michael McGrath of Oasis M&A.

About H&L

H&L has been at the forefront of technology in the hospitality industry for over 30 years, with local staff in each state. The intuitive and customer centric approach behind their innovative products is why so many venues choose H&L, and why many H&L customers are multi-award winners.

About Valsoft Corporation

Valsoft Corporation 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 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.

For more information on the companies, please visit HLaustralia.com.au and ValsoftCorp.com

Source:
Valsoft Corporation Inc.

Media Contact:
Leeja Murphy, Agence Pink
514-213-0045 [email protected]

MONTREAL, Dec. 03, 2018 (GLOBE NEWSWIRE) —

Valsoft Corporation Inc. (“Valsoft”), a Montreal-based company that specializes in the acquisition and development of vertical market software businesses, is pleased to announce the acquisition of CMS Hospitality, an Australia-based hospitality software solutions provider with clients across 25 countries. Under the agreement, Valsoft acquires all CMS assets, including its flagship brand, GuestCentrix.

With more than 30 years’ experience in the industry, CMS Hospitality’s GuestCentrix delivers powerful, scalable, and easy-to-use property management system, channel management, point of sale, conference and banquet applications for resorts, hotels, hostels and apartments.

From his humble beginnings in the early ’80s, Brian Manning, founder of CMS Hospitality, embraced the use of emerging computer technology in hospitality. Through the decades, he kept pace with innovation and propelled his business forward with IBM mainframes, DOS, Windows and cutting-edge, cloud-based HTML5 solutions, continually adapting to the industry’s ever-changing demands.

“I reached a point in our company’s evolution where I started to search for the right partner to enable CMS Hospitality to grow faster and unlock its greater potential,” stated Manning. “The perfect partner had to value our clients, our staff and our products, which are widely used in many countries. Fortunately, I found all those qualities in Valsoft. We have successfully charted a smooth transfer, with our entire staff integrating across Valsoft to ensure uninterrupted product support and development. I am happy to see the company that I built over many years facing a bright future under Valsoft’s leadership.”

Mr. Manning will help with the transition and assist Valsoft in its mission to grow the business rapidly and advance its technology. The acquisition of CMS Hospitality is Valsoft’s sixth investment into the Travel & Leisure software sector and, specifically, its third in hospitality. Under the Valsoft umbrella of companies, CMS Hospitality will continue to expand its portfolio of clients, who will join the more than 6,000 properties that already make up the InnQuest Software and Welcome Systems hotel management software client base. Together, they will give customers in more than 100 countries access to world-class hospitality tools.

“Brian and his team have built a customer-centric organization that provides comprehensive software solutions, elite service, and outstanding end-to-end client experience across every touch point,” said Michael Assi, CEO of Valsoft’s Travel and Leisure division. “We see an extraordinary opportunity to accelerate CMS’s momentum and deliver stronger, long-term value to hoteliers around the world.”

About CMS Hospitality:

CMS Hospitality has been providing software systems to the hospitality industry since 1983. Its flagship product, GuestCentrix, has been designed to international standards and is used extensively by operators ranging from small hostels, hotels, ski resorts, island resorts and corporate hotels, to multi-property accommodation providers in the hostel and hotel segments.

About Valsoft Corporation:

Valsoft Corporation 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 then 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 pre-defined investment horizon and looks to buy, hold and create value through long-term partnerships with existing management and customers.

Valsoft Corporation was represented internally by David Felicissimo, General Counsel and Pamela Romero, Paralegal and Alistair Jaque of Swaab Attorneys in Sydney. CMS was represented by Robin King of Mills Oakley in Sydney.

For more information on the companies, please visit https://www.cmshospitality.com and https://www.valsoftcorp.com

Source: Valsoft Corporation

Media relations:
Leeja Murphy, Agence Pink
514-213-0045
[email protected]

MONTREAL, Nov. 21, 2018 (GLOBE NEWSWIRE) —

Valsoft Corporation Inc. (“Valsoft”), a Montreal-based company that specializes in the acquisition and development of vertical market software businesses, is pleased to announce the acquisition of Thermeon Worldwide Ltd (“Thermeon”), a global industry-leading provider of car rental software headquartered in the UK with regional offices in the United States and Australia. Under the agreement, Valsoft will acquire Thermeon’s assets, including its brand name, CARS+.

CARS+ provides the tools to manage the rental process from quotation and accounting to signature capture and credit card processing. CARS+ is used worldwide by most leading multinational brands and trusted local companies, at service counters, in fleet management, accounting, corporate management, and, most importantly, in Web and mobile customer interfaces.

Thermeon, which was launched in 1967 under the guidance of Rollo Pickford, celebrated its 50^th birthday in 2017. In the early 1990s, Terry Pearson and Robin Redmile-Gordon became distributors of CARS+ in the APAC and EMEA regions respectively, working closely with Scott Sampson and the Thermeon team in the U.S. to develop and expand the functionality and reach of CARS+. In 2016, the three regions united to form a single global company.

“Thermeon has always been built on outstanding customer service. Our customers and our global team are our most treasured assets, as well as our most important responsibilities,” stated Robin Redmile-Gordon, Thermeon’s chairman. “When considering new ownership, we wanted to join someone who would put those two groups front and centre. We believe Valsoft is exactly the right company to uphold our precious reputation and carry on that proud tradition.”

The entire Thermeon management team will continue to lead the business under Valsoft’s ownership, maintaining its high customer service standards and comprehensive suite of products. In addition, Valsoft is committed to investing substantially in the car rental industry to drive innovation and digital transformation.

“We are thrilled to welcome Thermeon’s dedicated employees and loyal customers into the Valsoft family. Joining forces with Thermeon has enabled us to achieve an incredible milestone: to expand and reinforce our position as global market leader in the car rental software industry,” said Michael Assi, CEO of the Travel and Leisure division at Valsoft. “Thermeon and Valsoft share the same values: a passion for innovation, world-class customer experience and a desire to grow.”

About Thermeon:

For more than 40 years, Thermeon has been a global source of knowledge and best practices in the car rental industry. Our powerful and innovative car rental software solutions support operators worldwide, delivering high-quality vehicle hire systems that help both global and independent businesses to maximise revenue and drive sales.

CARS+ is at the core of Thermeon, providing the fastest complete car rental system on the market. Our customers and partners span 40 countries across six continents and provide a trusted source of skills in the car rental market. With offices in Europe, The Americas and Australia, the Thermeon global team specializes in building the right systems for any fleet size and budget.

About Valsoft Corporation:

Valsoft Corporation 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 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 Corporation was represented internally by David Felicissimo, General Counsel & Aude Florin, Legal Counsel and external counsel Caroline Harwood of Rooney Nimmo. Thermeon Worldwide Limited was represented by Bryan Bletso and Charlie Milsom of Irwin Mitchell LLP.

Sources: https://www.thermeon.com/ and https://www.valsoftcorp.com/

Media relations:
Leeja Murphy, Agence Pink
514-213-0045
[email protected]

MONTREAL, July 31, 2018 (GLOBE NEWSWIRE) –

Valsoft Corporation Inc. (“Valsoft”), a Montreal-based company specializing in the acquisition and development of vertical market software businesses, is pleased to announce the acquisition of Bluebird Auto Rental Systems, L.P. (“Bluebird”), an industry-leading car rental software provider headquartered in Dover, New Jersey with regional sales and support offices throughout the US, as well as Canada and the UK.

Since 1982, Bluebird has been supporting hundreds of customers around the world. Their flagship product, RentWorks, provides all the tools needed to run a car rental business or service loaner department, from the front counter to the back office. Modules are available for everything from credit card processing and signature pads to website and accounting integration.

Bluebird Auto Rental Systems, LP, was established in 1993 when Angela Margolit and a handful of limited partners purchased the auto rental division of Bluebird Systems. Under Angela’s leadership and tenure, Bluebird has attracted and retained an extremely loyal customer-base and its premier products, RentWorks and NetRent, remain market leaders in its industry.

“It has always been of utmost importance to understand our customers’ concerns and serve them to the best of our abilities.” stated Angela Margolit, Bluebird’s former President. “As I planned my retirement, my goal was to sell the company to someone who could carry on our legacy of having a meaningful connection with our customers.”

Ms. Margolit will help transition the company so that the team at Valsoft can pursue their mission to grow the business and advance its technology. The company will continue to develop, enhance, service, and support their industry-leading RentWorks and NetRent solutions in providing a competitive edge to customers.

“We are thrilled to enter the car rental software vertical market with a strong leader and welcome Bluebird customers, employees and partners into the Valsoft family.” said Michael Assi, CEO of Valsoft Travel and Leisure division. “Over many years, Angela and her team have built an excellent reputation and a customer-centric culture aligned with Valsoft’s mission. We will carry on Bluebird’s legacy in serving our customers as a long-term technology partner, enabling them with the best technology and exceeding their expectations in product and services quality.”

About Bluebird Auto Rental Systems:

Bluebird Auto Rental Systems is a leading provider of software for the vehicle rental and dealership service loaner industry since 1982. Bluebird’s auto rental application, RentWorks, is used around the world to effectively manage the efficiency and profitability of any size vehicle rental operation.

About Valsoft Corporation:

Valsoft Corporation 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 then foster an entrepreneurial environment that molds a company into a leader in its respective industry. Unlike private equity and VC firms, Valsoft does not have a pre-defined investment horizon and looks to buy, hold, and create value through long-term partnerships with existing management.

Valsoft Corporation was represented internally by David Felicissimo, General Counsel & Pamela Romero, Paralegal. Bluebird Auto Rental Systems, L.P. was represented by D. F. Moore Craig of West Caldwell, New Jersey.

For more information on the companies please visit http://www.barsnet.com and https://www.valsoftcorp.com

Media relations :
Leeja Murphy, Agence Pink
[email protected] 514 213-0045

Business software platform MyTaskit has announced it is partnering with Montreal-based Valsoft Corporation, which specializes in acquiring and developing vertical market software companies.

Under the agreement, Valsoft obtains the rights to the DockMaster brand and intellectual property, as well as operations of DockMaster products and services.

Since 2015 DockMaster has been known as the Operations module of MyTaskit Pro. As part of the new Valsoft partnership it will return to the DockMaster name.

Cam Collins, previously senior vice president at MyTaskit, was named president of DockMaster and will continue in this role as the leading executive of operations.

MyTaskit CEO and founder Kevin Hutchinson is joining Valsoft’s board of advisors.

“As you know, over the past two years since the launch of MyTaskit in April 2015 we rebranded DockMaster as the Operations module of MyTaskit Pro,” Hutchinson said. “To be honest, that hasn’t gone so well. The customers, and even ourselves internally, still refer to it mostly as DockMaster, so it makes total sense to bring the name back.”

Valsoft CEO Sam Youssef said his company is looking forward to a long-term partnership with MyTaskit.

“We approached Mr. Hutchinson about a partnership between our two companies to bring back the DockMaster brand and invest in the marine industry software leader. We will carry on Kevin and his team’s legacy of 100 percent customer success,” Youssef said in a statement.

“We will continue to work closely with Kevin, Cam and the entire MyTaskit and DockMaster team to make sure our customers have all the tools they need to compete in today’s technology era.”

The MyTaskit and DockMaster teams will work together in an effort to provide continued strategic development, deployment, support and integration of DockMaster and MyTaskit Pro software products. Hutchinson said the partnership is aimed at continued growth and enhanced product development.

“When Valsoft approached us, they were looking to invest in the continued success of our marine software products,” Hutchinson said. “As our discussions evolved, we found that by committing to a strategic collaboration, we would be able grow the capabilities and demand for both of our products. This partnership focuses on delivering more extensive product solutions to our existing customers and the marine industry as a whole, while also opening up opportunities to partner with other niche marine software providers.”

Valsoft and MyTaskit have additionally formed a co-marketing relationship for MyTaskit Pro’s coordination product, task coordination software for marine service companies. The agreement will support the continued data integration between DockMaster and MyTaskit Pro. Both companies expect future software integrations and product enhancements to follow.

Valsoft Corporation was represented internally by David Felicissimo, General Counsel. MyTaskit was represented by David G. Bates & Stacie K. Townsend of Gunster in West Palm Beach, Florida.