Valsoft Enters the Mass Notification Software Space With the Acquisition of Asher Group

MONTREAL, QC / ACCESSWIRE / July 2, 2024 / Valsoft Corporation Inc. ("Valsoft"), a Canadian company specializing in the acquisition and development of vertical market software businesses, is pleased to announce the acquisition of Asher Group, a leading provider of scalable communications for emergency management agencies and cutting-edge human resources solutions.

Founded in 1995, Asher focuses on the intersection of communication and computing technology, most notably with their development of Hyper-Reach. The Hyper Reach platform enables hundreds of public safety and emergency management agencies to easily communicate with the public and others across multiple diverse communications platforms at enormous scale. In addition to Hyper-Reach, Asher provides mass notification to private enterprises as well as telephone-based access to leading edge human resource systems, including UKG Pro and UKG Ready.

"We are thrilled to join the Valsoft family of software companies," said Sam Asher, President and Founder of Asher Group. "Their deep expertise in developing and operating cloud-based software companies will help us strengthen our offerings to customers, especially in the areas of security and new capabilities that go beyond traditional emergency alert services."

"Asher Group's exceptional track record of industry-leading solutions and customer service aligns perfectly with Valsoft's mission to invest in and grow companies with strong potential," explains Kent Howard, Operating Partner at Valsoft Corporation. "We are committed to supporting Asher Group in its next phase of growth, ensuring that their tradition of excellence continues to flourish under our stewardship."

The acquisition of Asher Group marks Valsoft Corporation's strategic entry into the Mass Notification Software space. Tequity Advisors, a brokerage firm with a deep understanding of the SaaS market, played a pivotal role in the swift closure of the deal for Asher Group. Working with Valsoft's operating division, Aspire Software, Asher Group will now have the opportunity to further strengthen their presence in the market while ideally placed to roll out significant product and service improvements.

About Asher Group:

Asher Group, founded in 1995, combines IVR, SMS, CTI, web, mobile and a wide variety of other technologies to deliver highly available and massively scalable communication and human resources solutions. With almost 25 years of experience and deep knowledge of telephony, software engineering and cutting-edge technologies, the Asher Group has developed hundreds of custom solutions for clients as varied as Blue Cross, Frontier Communications, the Small Business Administration and Hamilton County, OH. Most notably, Asher Group's focus is their Hyper-Reach Emergency Notification product hyper-reach.com and Human Resources Solutions. www.ashergroup.com/

About Valsoft Corporation:  
Valsoft Corporation acquires and develops vertical market software companies that deliver mission-critical solutions. A key tenet of Valsoft's philosophy is to invest in established businesses and foster an entrepreneurial environment that shapes a company into a leader in its respective industry. Unlike private equity and VC firms, Valsoft does not have a predefined investment horizon and looks to buy, hold, and create value through long-term partnerships with existing management and customers. Learn more: www.valsoftcorp.com

Valsoft was represented internally by Ambra Del Busso (Legal Counsel), David Felicissimo (General Counsel), and Elisa Marcon (Corporate Paralegal). Sam Asher Computing Services, Inc. was represented by Tequity Advisors and Underberg & Kessler LLP.

Media contact information
Communications and Public Relations
Valsoft Corporation
communication@valsoftcorp.com

SOURCE: Valsoft Corp.