Valsoft Acquires Interactive DMS Automotive Software
Valsoft Corporation, a company specialized in developing and acquiring software based businesses, has acquired Interactive DMS, a leader in dealer management software.
“The Interactive DMS has been near and dear to me and now I have absolute confidence and certainty there is no better home for the Interactive DMS than in the hands of Valsoft. There is no doubt in my mind that Valsoft will soar to new heights having this brand and the outstanding clients of Wilson Software’s DMS.” said Don Wilson, CEO.
“We will provide a permanent home to Interactive DMS and its customers” says Sam Youssef CEO and Co-founder of Valsoft. “We intend to build on Interactive and its founder Don Wilson’s legacy of providing world class software solutions to car dealerships worldwide.”
For Valsoft, Interactive DMS is the first of many acquisitions in the automotive software space. “We believe we can provide a better service to our customers by gaining scale to build more comprehensive solutions and provide better support” says Valsoft Vice President and Co-founder Steph Manos.
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.
Published: January 13, 2016