Oakline Holdings (“Oakline”), a Toronto & Boston based holding company focused on investing in and transforming software businesses essential to the backbone of the economy, is pleased to announce its investment in SOLABS, a Quebec based leading life sciences software company providing enterprise quality management solutions.
SOLABS’ EQMS (Enterprise Quality Management Software) is recognized for its excellence in automating quality operations in the life sciences industry and its QM10© product suite acts as the lifeblood of its users’ workflows. SOLABS streamlines compliance and document control, helping customers meet regulatory standards while improving operational efficiency. As part of the acquisition, Philippe Gaudreau, Founder of SOLABS, will continue to be both the CEO and an equity partner.
“It took years for SOLABS to find the right investment partner, and Oakline came as the perfect match to fully realize our vision,” said Philippe Gaudreau, Founder & CEO of SOLABS. “This partnership provides operational and strategic support to accelerate our growth and enhance the deployment of a strong ecosystem of customers and quality system MVPs.”
“This acquisition underscores Oakline’s commitment to identifying and partnering with high-performing software businesses with strong leadership, values, and market positioning,” said Joe Mingail, Founder & CEO of Oakline. “We are excited to work with the SOLABS team to drive continued meaningful innovation via top-tier EQMS solutions for both emerging and established global life sciences customers.”
About SOLABS
SOLABS is a SaaS company with over 15 years of experience in the life sciences industry; launching QM10© in 2015, its Electronic Quality Management Software (EQMS). The company is a mission-critical partner for mid-size life science clients and allows them to learn from experience and become better organizations. SOLABS provides clients with a first-class experience, continuously maintaining an average client retention time of over 10 years. For more information, visit solabs.com.
About Oakline
Oakline invests in vertical software businesses essential to the backbone of the economy. We build exceptional platforms in partnership with management teams and accelerate profitable growth through AI transformation and operational excellence. Oakline merges the long-term orientation of permanent capital with the partnership approach of private equity. For additional information, visit oaklineholdings.com.