Valsoft Corporation has acquired collectionHQ, a leading provider of data-driven collection performance improvement solutions for libraries, enhancing its portfolio in the library management software sector.

Target Information

Valsoft Corporation Inc., based in Montreal, specializes in the acquisition and development of vertical market software businesses. Their latest acquisition is collectionHQ, a premier provider of data-driven collection performance improvement solutions for libraries, implementing cutting-edge technology to help libraries analyze their collection usage over time.

CollectionHQ allows libraries to draw actionable insights from data, providing straightforward plans that support ongoing improvements in collection management and patron engagement. This acquisition positions Valsoft to enhance its portfolio with a leading solution in the library sector, fostering greater efficiency and service quality for its customers.

Industry Overview

The library management software industry has experienced significant transformation, driven by the increasing demand for digital solutions and data analytics. Libraries are rapidly embracing technology to opt