Technology

Software Development Firm Acquires The Hudson Group

Posted on August 23, 2018
(Creative Commons image by Nick Youngson CC BY-SA 3.0 Alpha Stock Images via The Blue Diamong Gallery)
(Creative Commons image by Nick Youngson CC BY-SA 3.0 Alpha Stock Images via The Blue Diamong Gallery)

MONTREAL, QUEBEC --- Valsoft, a company specialized in the acquisition and development of vertical market software companies, announced Aug. 15 it has acquired the assets of Hudson Financial and Technology Group, LLC (“The Hudson Group”), a leading provider of best-in-class enterprise SaaS (Software as a Service), on-premise, and mobile applications for the ground transportation and tourism industries.

The Hudson Group delivers highly configurable end-to-end solutions designed to manage all facets of an operation – from reservations, ticketing, and dispatching to driver and vehicle tracking and communications, accounting, and reporting. It also offers mobile apps, website development and hosting, as well as digital marketing services. Hudson’s mission has always been to help customers increase revenue, reduce costs, and gain competitive advantage through technology.

Headquartered in Lawrence, Mass., Hudson is a global firm with clientele based in the USA, Australia, Belgium, Brazil, Canada, Czech Republic, Dominican Republic, England, France, Mexico, Puerto Rico, Spain and the United Arab Emirates.

“It’s evident that we’ve not only acquired leading, state-of-the-art technology, but also an excellent and dedicated team determined to take Hudson to the next level,” said Sam Youssef, CEO of Valsoft, “Hudson marks our second acquisition in the transportation space this year. We hope to continue this momentum to create a transport and logistics powerhouse in the years to come.”

“The Hudson Ground Transportation System is a benchmark system in the transportation space, a proven system that is in use by some of the most prestigious transportation companies around the world,” said Gaurav Goyal, President of the Industrial and Transportation Division at Valsoft, “Valsoft looks forward to providing resources to the dedicated professionals at Hudson that will permit them to grow and expand, opening doors to global vertical markets they may not otherwise have access to.  We are proud to have them join our growing family.”

The Hudson Group will continue to operate out of its Lawrence headquarters.

Valsoft Corporation was represented internally by David Felicissimo, General Counsel and Pamela Romero, Paralegal. The Hudson Group was represented by Richard W. Burke of Burke, Warren, MacKay & Serritella, P.C. in Chicago.  

About The Hudson Group

The Hudson Group is a leading provider of best-in-class enterprise SaaS (Software as a Service), on-premise, and mobile applications for the ground transportation and tourism industries. Since it’s founding in 1999, Hudson has served as the technology backbone for some of the industry’s top shared ride and private service transportation operators processing over one million transactions per year. Its highly configurable, state-of-the-art system is designed to manage all facets of an operation – from reservations, ticketing, and dispatching to driver and vehicle tracking and communications, accounting, and reporting.  Hudson’s technology suite offers solutions for shared ride, private service, charter bus, and tour and attraction operators.

About Valsoft Corporation

Valsoft specializes in building and acquiring vertical market software companies that provide mission critical solutions in their respective industry or niche. Valsoft's operating strategy is to hold, invest and create value in companies for the long-term through various organic growth and acquisition initiatives. Valsoft is headquartered in Montreal, Quebec, Canada.

Related Topics: business deals, limousine software, mergers & acquisitions, software, The Hudson Group

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