Valsoft, a Montreal-based company specialising in the acquisition and development of vertical market software businesses, has acquired WiSys, a provider of warehouse management software, headquartered in Marietta, Georgia.

Michael Hollinger, CEO of WiSys, is proud of the company that he helped grow over the years and is excited about its future with Valsoft.

“We are very proud of what we’ve accomplished to date and are excited at the prospect of continuing to build with Valsoft,” he said. “Rarely do we find such cultural compatibility in a partner and we believe that this will immediately bear fruit as we continue our push to be a leader in the industry.”

Hollinger will remain on board with the team as CEO and ensure a smooth integration into Valsoft. The company will continue to provide support and software to customers.

“A step in the direction we’ve been striving towards recently given our insight into the industry, WiSys is a natural fit for us and will offer a seamless integration into the Valsoft family,” said Sam Youssef, CEO of Valsoft. “The team, culture and leadership are well aligned with our existing values, which has also made this transaction seamless. Warehouse management is a vertical we have been aware of for quite some time and we believe this is the best core entry into the vertical upon which we will continue to build and expand. We are excited to grow our presence in the sector through this acquisition.”

Valsoft acquires and develops vertical market software companies, helping each business deliver the mission-critical products and services 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 moulds a company into a leader in its respective industry. Unlike private equity and venture capital 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.

WiSys says it has re-invented how ERP systems create value. Companies need to focus on reducing reaction time to maintain customer loyalties and improve supply chain operations, from receiving through production to delivery. WiSys products have been designed to achieve efficient warehouse and supply chain management, and business intelligence, from one software publisher.

Valsoft was represented internally by Giancarlo Ruscio as senior legal counsel and David Felicissimo as general counsel. WiSys was represented by Nicholas Rueter of Morris, Manning & Martin.