Valsoft’s acquisition of Irosoft expands Aspire’s local government vertical
Irosoft is a leader in the technology and services sector, with expertise in leveraging structured and unstructured data through automatic natural language processing (NLP) and modern machine learning and artificial intelligence (AI) techniques. The company has a strong reputation in the legislative sector and offers a unique legislative information management system (LIMS).
The acquisition, made earlier this year by Valsoft, will see Irosoft become a part of Aspire’s Local Government Vertical.
With a team of experienced consultants, Irosoft also offers a wide range of consulting services in the field of information management and digital transformation.
Aspire Software will be working closely with the existing management team to further strengthen its position in Quebec while exploring new opportunities abroad. The focus of Irosoft’s priorities will remain on excellent customer service and providing robust software solutions.
“We look forward to working with the team to expand on its commitment of being at the forefront of the latest trends and methodologies,” said Michael Assi, CEO at Aspire. “The team, experience, and reputation are well aligned with our existing values, and we look forward to building on the excellent customer relationship that Irosoft developed over the years.”
The acquisition of Irosoft represents an important milestone for Valsoft, which specializes in the acquisition and development of vertical market software businesses. With Irosoft’s strong reputation and unique expertise, the acquisition is expected to further bolster Valsoft’s position in the market.
To read the full press release, click here.
About Irosoft
Founded in 1995, Irosoft is a service and technology company specializing in the valorization of structured and unstructured data. It develops tools, algorithms, and products based on natural language processing (NLP) and on modern machine-learning and artificial intelligence (AI) techniques that enable its clients to transform simple information into practical, usable data.
About Aspire Software
Nurture. Enhance. Grow. As 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.
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.
