Tributary Group Announces Strategic Investment in Softworks Group, Expanding its Portfolio of Founder-Owned, Mission-Critical Companies

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CHICAGO & EDMONTON, Alberta--(BUSINESS WIRE)--Mar 3, 2026--

Tributary Group, LLC (“Tributary”), a long-term investor that partners with exceptional software and tech-enabled services businesses, today announced a strategic investment in Softworks Group Inc. (“Softworks”), a provider of regulatory and workforce software solutions for professional regulators and licensing bodies.

The investment represents a strategic addition to Tributary’s growing portfolio of vertical market software and tech-enabled services companies and reinforces its commitment to partnering with founder-led businesses that deliver mission-critical solutions to their customers.

For more than 30 years, Softworks has supported organizations navigating complex regulatory and workforce processes. Its flagship platform, Alinity, helps customers streamline workflows, manage membership and licensing requirements, and improve operational efficiency. Softworks serves regulatory organizations and enterprise customers across multiple industries.

“Tributary clearly shares our passion for exceptional customer service and our belief that Alinity must continually evolve to meet the changing needs of regulators,” said Tim Edlund, Founder and CEO of Softworks. “Their entrepreneurial spirit brings fresh energy and excitement to our product roadmap – ensuring that we can continue to deliver best-in-class versions of the platform to both our existing clients and new organizations discovering its value for the first time.”

“We are thrilled to welcome Softworks to the Tributary family. Softworks has built a trusted platform, deep domain expertise, and a strong reputation with customers,” said Connor McNeill, Founder & CEO at Tributary. “We look forward to supporting the team as they continue to invest in the product and expand their reach,” added Dan Murphy, Co-Founder at Tributary.

Tim Edlund will continue to lead Softworks, and the team will remain based in Edmonton.

About Softworks

Softworks Group Inc. is a leading provider of regulatory membership management software. Its flagship product, Alinity, is a purpose-built regulatory membership management platform that supports all core functions required by professional regulators and licensing bodies. Trusted by more than 60 Canadian regulatory organizations, the solution combines robust technical capabilities with deep domain expertise to help clients reduce risk and improve service delivery. Learn more at https://www.softworksgroup.com/ or follow the company on LinkedIn.

About Tributary Group

Tributary Group partners with mission-critical software and tech-enabled services companies to build enduring value. Tributary understands that for many founders, their company is their baby. Our commitment is to continue to invest in and provide resources to our family of companies to ensure continued success for years to come. With a permanent capital base, we provide a forever home for companies looking to preserve both the company’s legacy and team.

View source version on businesswire.com:https://www.businesswire.com/news/home/20260303982674/en/

CONTACT: Tributary Group

Connor McNeill

[email protected] Murphy

[email protected]

KEYWORD: ILLINOIS UNITED STATES NORTH AMERICA CANADA

INDUSTRY KEYWORD: SOFTWARE BANKING ACCOUNTING PROFESSIONAL SERVICES BUSINESS DATA MANAGEMENT TECHNOLOGY SMALL BUSINESS LEGAL FINANCE OTHER TECHNOLOGY CONSULTING

SOURCE: Tributary Group, LLC

Copyright Business Wire 2026.

PUB: 03/03/2026 12:00 PM/DISC: 03/03/2026 12:00 PM

http://www.businesswire.com/news/home/20260303982674/en

 

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