On June 24, 2025, Montreal-based Valsoft Corporation Inc., known for acquiring and developing vertical market software companies, announced the acquisition of Alessa Inc., a global provider of anti-money laundering (AML) compliance and fraud prevention software. This acquisition marks Valsoft’s strategic entry into the RegTech and financial crime risk management sector. Founded in 2006, Alessa supports over 180 clients across more than 20 countries, offering end-to-end compliance solutions to banks, casinos, FinTechs, insurers, manufacturers, and other industries. Its unified SaaS platform enables users to detect and respond to financial crime risks efficiently.

Valsoft expressed enthusiasm about integrating Alessa’s capabilities and leadership team, including CEO Holly Sais Phillippi, to support further growth and innovation. Alessa will maintain its independence while benefiting from Valsoft’s broader technological and operational resources.

The transaction value was not disclosed. Legal counsel for Valsoft was provided internally by Louis-Philippe Lacasse, Senior Legal Counsel, and Elisa Marcon, Paralegal. Alessa’s shareholders, including Wavecrest Growth Partners, were advised by TD Securities (USA) LLC as financial advisor and DLA Piper (Canada) LLP as legal counsel.