The Globe and Mail reports in its Tuesday edition that a Power Corp. of Canada unit has co-led a $150-million equity investment into Valsoft Corp., a rapidly growing Montreal software roll-up play that is aiming to emulate the success of acquisition machine Constellation Software (all figures U.S.). The Globe's Sean Silcoff writes that Portage Capital Solutions, a growth equity arm within Power's Sagard alternative asset-management business, is co-leading the deal with past backer Viking Global Investors, a U.S. fund-management giant, and Toronto's Propelr Growth. All of the money is going to Valsoft, unlike many recent large tech financings that have largely been used to buy out investors and employees. The deal values Valsoft at more than $2-billion. Valsoft is one of several companies, including Toronto-managed Banyan Software, that have sought to emulate Constellation's strategy by buying up small, modestly growing software companies that focus on specific customer niches such as hotels, and face little to no competition or customer churn. Valsoft has amassed 107 companies, which collectively employ more than 3,500 people, generate more than $550-million in revenue and $125-million-plus in operating earnings.