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Valsoft Corporation Ventures into Book Industry Software with Edelweiss Acquisition
Valsoft Corporation Inc., a Canadian company known for acquiring vertical market software businesses, has acquired Above the Treeline, Inc. (Edelweiss). This acquisition marks Valsoft's entry into the book industry software market. Edelweiss is a highly regarded digital platform connecting publishers, booksellers, librarians, and book enthusiasts for marketing, selling, and discovering new book titles. It is used by major publishers and covers 95% of the US frontlist.
Anthony Caruso, Valsoft's Investment Partner, expressed enthusiasm for the partnership with John and Annie Rubin to drive modernization in the book industry. Valsoft plans to enhance Edelweiss's impact in the U.S. and expand globally. The current Edelweiss leadership will continue to support its growth.
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