Valsoft Corp. Inc. has announced the acquisition of Square 9 Softworks Inc. The acquisition was completed through TAG Software Group, a wholly owned subsidiary of Valsoft.

Founded in 2005 and headquartered in New Haven, Connecticut, Square 9 offers a unified platform that lets organizations capture, organize, retrieve and automate the movement of information throughout their operations. Its customer base spans more than 1,000 organizations across sectors as varied as health care, government, manufacturing, agriculture and transportation. The platform combines enterprise content management, AI-powered data capture, digital forms and business process automation into a single system, reducing manual work and making information easier to find and act on.

With this acquisition, TAG Software Group deepens its expertise in document automation and content management.

"Square 9 has spent more than two decades helping organizations move away from paper-based work and manual processes, and its platform has become the backbone for how teams capture, manage and act on their documents," said Costa Tagalakis, managing partner, TAG Software Group. "The addition of Square 9 strengthens our expertise in workflow automation and content management, and it aligns strongly with Valsoft’s philosophy of acquiring and supporting mission-critical software businesses for the long term. We look forward to supporting the Square 9 team as it continues to grow and serve its customers."

As part of the transaction, Stephen Young will continue in his role as CEO and lead Square 9 going forward.

"We are excited to partner with TAG Software Group and the Valsoft team for the next stage of Square 9’s journey," Young said. "Over the last 20 years, we've achieved great success, but to reach our full potential, we believed we needed the guidance, expertise and resources of an organization with a proven track record of helping its portfolio companies navigate exponential growth. A critical element of this decision was finding a partner that valued the legacy we had created and would continue to build upon it. We saw Valsoft and its long-term vision for success as the perfect fit, not only for the Square 9 team, but for our customers and channel partners as well."

Square 9 will continue to operate autonomously, with its leadership team and employees remaining in place. As part of the Valsoft ecosystem, the company will join TAG Software Group, one of Valsoft's decentralized operating entities, benefiting from shared expertise, operational support and long-term investment, while preserving its entrepreneurial culture and strong customer focus.

Valsoft was represented internally by David Felicissimo (general counsel), Louis-Philippe Lacasse (senior legal counsel) and Elisa Marcon (senior corporate paralegal). Square 9 was represented by Wiggin and Dana. Kaizen Equity Partners served as Square 9's M&A advisor.