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On April 29, 2025, Valsoft Corporation Inc., a Montreal-based company specializing in the acquisition and development of vertical market software businesses, announced its acquisition of UnionWare and MemberTrak, two prominent North American providers of union management software. Although the transaction value was not disclosed, the acquisition marks a strategic move by Valsoft to deepen its presence in the association management software space.
Founded in 1993, UnionWare offers fully integrated software solutions tailored to labor unions, covering operations such as membership and dues management, grievances, and organizing. MemberTrak, established in 1996, is known for its easy-to-use, reliable software for union membership record-keeping, communication, and dues tracking. Both companies bring decades of specialized industry experience and loyal client bases, making them highly complementary additions to Valsoft’s portfolio.
According to Costa Tagalakis, Investment Partner at Valsoft, the firm is committed to enhancing the resources available to both businesses while preserving the qualities that have made them successful. Matt Vice, Managing Director of UnionWare and MemberTrak, noted that Valsoft’s understanding of their business and its client-focused approach make this transition a strong fit. Post-acquisition, both companies will continue to operate independently, retaining their teams and ongoing dedication to service excellence, while gaining access to Valsoft’s broader network and operational support.
Valsoft was represented internally by David Felicissimo (General Counsel), Ssin Choi (Senior Counsel), and Pamela Romero (Paralegal). The seller, Togetherwork, was represented by law firm Gibson Dunn.
Parties
Company
Valsoft Corporation Inc.
Company
Togetherwork
Deal Type
Merger & AcquisitionIndustry
Tech/Computer/ITTransaction
Undisclosed/ConfidentialDeal Status
ClosedClosing Date
29 April 2025