TG advises H&L as it joins Canada’s Valsoft

17 October 2019

News

Thomson Geer has advised H&L Australia Pty Ltd on its acquisition by Canada’s Valsoft Corporation Inc. The Thomson Geer team consisted of Special Counsel, Annabel West, Associate, Isobel Maddern and Lawyer, Catharine Raymond.

Thomson Geer provided strategic assistance to negotiate the risk profile of the share purchase agreement and assisted with the legal requirements to finalise the sale.

H&L has been a technology leader in the hospitality industry for more than 30 years, offering venues of all sizes across Australia a complete suite of integrated hospitality POS, workforce management, marketing and booking solutions.

Valsoft is a Montreal-based company that specialises in the acquisition and development of vertical market software companies.

The H&L brand will continue under Valsoft, and will explore new opportunities for expansion. Together, H&L and Valsoft will look to invest heavily in future technology to further strengthen H&L’s array of solutions and build upon customer success.

Managing Director of H&L, Burt Admiraal, said “It has been an exciting 32 years for H&L… we are so pleased that we have now joined Valsoft, as they are committed to further developing the brand and expanding to new markets.”