On April 15, 2025, Valsoft Corporation Inc., a Montreal-based software acquisition company, announced the acquisition of American Data, a Wisconsin-based pioneer in Electronic Health Record (EHR) software for the U.S. long-term care sector. The transaction closed on the same day. Financial terms were not disclosed, but the acquisition further expands Valsoft’s growing healthcare portfolio, which already includes companies such as Vocantas.

This strategic move positions Valsoft to capitalize on the accelerating demand for senior and long-term care technology, driven by demographic trends. American Data, known for its customizable EHR platform ECS (Electronic Chart System), integrates clinical, financial, and administrative functions to help senior care providers achieve better outcomes.

Leadership at American Data transitions to Kara McDonald, a healthcare technology veteran with over 25 years of experience. The company will continue to operate independently while benefiting from Valsoft’s operational support and long-term vision. Valsoft’s acquisition model is centered on preserving the unique strengths of acquired companies while fostering sustainable growth.

Legal representation for Valsoft was provided internally by David Felicissimo (General Counsel) and Elisa Marcon (Paralegal). American Data was advised by Reid J. Hazelton of von Briesen & Roper, s.c.

While the transaction value remains undisclosed, no underwriters, agents, or dealers were involved, as this was a private acquisition. All foreign amounts, if disclosed, would be converted to Canadian dollars at the April 15, 2025 exchange rate. However, none were stated in the announcement.