MONTREAL, March 5, 2021 /PRNewswire/ - Valsoft
Corporation Inc. ("Valsoft"), a Montreal-based company
specializing in the acquisition and development of vertical market
software businesses, is pleased to announce the successful
acquisition of Datastor Systems Ltd ("Datastor") on February
1, 2021.
"Datastor Systems has many years of experience in supplying
Process Control Solutions (PCS). Utilising leading edge technology,
we provide systems that control the process more efficiently and
effectively. Providing real-time data allows for management and
operators to make informed decisions on process changes. We cover a
wide area of the manufacturing process sector including Food &
Drink, Animal Feed, Feed & Food Pre-Mixes, Surface Coatings,
Building Products, Pharmaceutical to name but a few". 24/7
Worldwide support provided giving our customers peace of mind that
we are always available when needed to assist in keeping their
manufacturing facility functioning.
"We are extremely proud to welcome Datastor to our growing
portfolio of process control software companies. Datastor has built
a stellar reputation in the industry and we look forward to
supporting their long-term growth. We believe the acquisition will
bring long-term benefits to both its customers and team. We look
forward to innovating together to create world class process
control solutions." said Joseph Khoubbieh, Head of M&A at
Valsoft.
Datastor will continue to operate independently with its
existing management from its Congleton office. This acquisition
will have minimal impact on its day-to-day operations, if any.
"Having been a successful independent company for over 40
years, providing 'mission critical' software solutions to the
manufacturing sector, it was time to consider a succession plan. We
were delighted when Valsoft Corporation approached us to become
part of their family of companies. Collectively we can make the
Process Control division a real
success." said Bill Wright, CEO – Datastor
Systems Ltd.
About Datastor Systems Ltd
Datastor integrate the best in proprietary equipment and
software products to provide not only the optimum solutions to our
clients individual needs but also one which communicates seamlessly
with other key applications. Indeed Datastor Systems Ltd can boast
premier partner status with many of the industry's leading
suppliers such as Rockwell, Siemens, Wonderware, Cognex, Mitsubishi
and Advantech.
Datastor has delivered hundreds of systems in the UK and to
export locations in Australia,
Belgium, Brazil, Canada, China, Costa Rica Denmark, Egypt, Greece, Hong
Kong, Korea, Poland, R.O.I,
Russia, Spain, Taiwan, Thailand, Turkey and U.S.A. for customers who are frequently
leading suppliers in their field, Animal Feed, Building Products,
Food & Drink, Lubrication Oils, Pharmaceutical and Supplements
to name but a few.
About Valsoft Corporation
Valsoft 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 molds companies into leaders in
their respective industries. 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.
Datastor was represented by Paul Tyrer of SAS Daniels
LLP (Congleton). Valsoft was represented by Richard Wrigley of
Shakespeare Martineau LLP (Birmingham).
For more information about the companies, please visit:
https://www.datastorsystems.com/ and
https://www.valsoftcorp.com/
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SOURCE Valsoft Corporation Inc.