MONTREAL, QC/ ACCESSWIRE/ March 24, 2023 – Valsoft Corporation Inc. (“Valsoft”), a Montreal-based company specializing in the acquisition and development of vertically integrated software firms, is pleased to announce the acquisition of TigerTMS, a leader in the development of middleware applications and services ( middleware) put the global hotel and restaurant market.
TigerTMS, with 40 years of experience in the industry, is probably the world’s largest provider of management and guest interaction systems, integrated voice and data options, as well as “take your devices” (known as BYOD) options. Indeed, its clientele includes more than 10,000 hotels.
” This is a very interesting event for us to consolidate our know-how and strengthen our position as the world’s leading supplier of hotel and restaurant applications,” said John Owen, President and CEO of TigerTMS. Joining the Valsoft family will allow us to accelerate our growth and the deployment of our development strategies in order to satisfy hoteliers demanding services that improve the experience of their guests, reduce operating costs and meet sustainability targets.”
TigerTMS, do not head office social is located in the UK, also has regional offices in North America, Europe, the Middle East and the Asia-Pacific region. With this acquisition by Valsdoft, TigerTMS customers and partners can be assured that they will continue to receive the same high-quality options and support they have enjoyed to date. In addition, John Owen will remain at the head of the firm.
” We are extremely satisfied with the acquisition of TigerTMS, says Sam Youssef, President and CEO of Valsoft The firm provides world-class technology services to some of the world’s largest and most prestigious hotel groups, as well as hundreds of independent hotels.”
TigerTMS adds to Valsoft’s already strong portfolio in the hospitality industry and will bring significant additional capabilities to the group by providing global child management in terms of integration options for over 120 systems property management tools commonly used in the hospitality industry.
” hotel industry, adds Michael Assi, president and CEO of Aspire Software, the operational arm of Valsoft. The firm offers essential connectivity and management options trusted by the largest hotels. Let’s add that kid customer service is exemplary. We look forward to working with employees, customers and partners to maintain its reputation and move the firm into high gear. “
Valsoft Corporation is specializing in the acquisition and development of vertically integrated software firms that provide essential, niche services to their customers.A key tenet of Valsoft’s philosophy is to invest in well-established companies and foster an entrepreneurial environment that acts as a springboard for them to become leaders in their field.Unlike private equity and venture capital firms, Valsoft does not have a predefined investment horizon and seeks to buy, hold and create value through long-term partnerships with rental instructions and customers.
TigerTMS is a leading developer of middleware for the global hospitality market.
With over 40 years in the industry, TigerTMS is probably the world’s largest supplier of guest interaction and management systems, integrated voice and data options, and VSLA options. It provides world-class technology services to some of the largest and most prestigious hotel groups, as well as hundreds of independent hoteliers.
Valsoft was represented internally by primary counsel Oliver Gray, general counsel David Felicissimo and paralegal Elisa Marcon. TigerTMS was represented by Grand Thornton UK LLP, led by Nigel Le Bas (director) and Lewis Dyer (director), Excello Law, led by Tom Sutcliffe and DJH Mitten Clarke Limited, led by Michael Burgess.
For more information, visit the websites https://www.tigertms.com/ and https://valsoftcorp.com
Director, Communications and Public Relations
Valsoft Corporation [email safeguarded]
SOURCE: Valsoft Corp. source
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