Canadian Tech Firm Acquires Software Provider Powering Thousands of British Pharmacies
London, Thursday, 15 October 2026.
On October 15, 2026, Canada’s Valsoft acquired Positive Solutions, a software provider powering over 2,500 British pharmacies. The UK company will retain operational autonomy to accelerate health technology innovation.
Valsoft Expands UK Presence
On October 15, 2026, Montreal-based Valsoft Corporation announced the acquisition of Positive Solutions Limited through its TAG Software Group operating unit [1]. The deal secures a prominent provider of healthcare and pharmacy management software that serves more than 2,500 sites across England, Scotland, and Wales [1]. This strategic move highlights ongoing consolidation in healthcare technology and expands Valsoft’s presence in European digital health markets [1].
Maintaining Operational Autonomy
The acquisition structure dictates that Positive Solutions will maintain autonomous operations, retaining its existing management team and employees [1]. There are no expected changes to daily operations, leadership, or staff, ensuring continuity for clients and suppliers [1]. This decentralized approach allows the subsidiary to continue delivering high standards of service while benefiting from parent company support [1].
Long-Term Investment Strategy
Costa Tagalakis, Managing Partner at TAG Software Group, stated that the business has built a strong reputation for delivering mission-critical software to the healthcare industry [1]. He noted that Valsoft looks forward to supporting the team through its next phase of growth and innovation [1]. This aligns with Valsoft’s strategy of long-term investment rather than short-term resale [2].