Valsoft Expands in Construction Software with Buildsoft Acquisition
MONTREAL, QC / December 10, 2024 / Valsoft Corporation Inc. ("Valsoft"), a Canadian company specializing in the acquisition and development of vertical market software businesses, is excited to announce its acquisition of Buildsoft. Buildsoft is a leader in estimating, takeoff, and tender management solutions for the construction industry, serving Australian and international markets for over 40 years.
Buildsoft simplifies the preconstruction process, providing construction companies with efficient, accurate tools to manage tasks and boost profitability.
"Valsoft's acquisition of Buildsoft represents an exciting opportunity to continue building our legacy of offering exceptional products and services to our customers," said James Cunningham, Managing Director of Buildsoft. "We are excited to collaborate with a company that shares our values and has a well-established global presence, which will help us expand our capabilities and continue innovating to meet the changing needs of our customers."
"Buildsoft has earned a strong reputation in the construction software industry over its four decades of operation. The resilience of the team and their commitment to providing top-tier products and customer service makes Buildsoft an ideal partner for Valsoft’s expansion into the estimating and takeoff software market," said Joseph Khoubbieh, Chief Investment Officer at Valsoft. "We are excited to begin the next phase of growth with James Cunningham, who will continue as Managing Director of Buildsoft, and work alongside the existing Buildsoft team."
This acquisition is Valsoft’s fourth in the global construction software industry, marking a significant step into estimating, takeoff, and tender management software solutions. The current management team of Buildsoft will remain to ensure the company maintains its stellar reputation as it expands.
About Buildsoft
Founded in 1985, Buildsoft provides digital estimating, takeoff, and tender management solutions through products such as Cubit Estimating and Cubit Select. Trusted by thousands of construction companies in over 50 countries, Buildsoft plays a critical role in fast and accurate construction project planning. Learn more at Buildsoft.
About Valsoft
Valsoft acquires and develops vertical market software companies that provide mission-critical solutions. Valsoft invests in established businesses and nurtures an entrepreneurial environment, transforming companies into leaders in their respective industries. Unlike private equity and VC firms, Valsoft focuses on long-term partnerships, buying, holding, and creating value. To learn more, visit Valsoft.
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