Valsoft Corporation has acquired Positive Solutions through its wholly owned TAG Software Group, the company said. Financial terms were not disclosed.
Positive Solutions is based in Adlington, UK and provides pharmacy management and point-of-sale software to more than 2,500 sites across England, Scotland and Wales. Founded in 1993, it develops Analyst PMR and Analyst EPoS, which support medication dispensing and pharmacy retail operations.
The company's leadership team and employees will remain in place, and the business will operate autonomously under TAG.
According to the source, the acquisition gives Valsoft an established customer base in a regulated, workflow-critical software market. Pharmacy systems are difficult to displace given integration requirements, data migration complexity and staff training needs. Acquiring an installed base of more than 2,500 sites provides customer relationships and distribution that would take considerable time to replicate organically, while Valsoft's decentralized model supports continued product development without disrupting existing operations.
Bamburgh Capital served as financial advisor to Positive Solutions, and Trowers & Hamlins provided legal representation. Valsoft's internal legal team comprised David Felicissimo, Oliver Gray and Elisa Maria M.