The owners of Innovative Business Software A/S (Innovative), Montreal-based Valsoft Corporation (Valsoft Corp.) have acquired UK-based security firm, Bold Communications, in a move to drive expansion of its presence in the United Kingdom. The acquisition will strengthen Innovative’s product offering, with the inclusion of Bold Communications’ CCTV alarm event handling and lone worker protection services.
Innovative Business Software A/S is a global provider of security technology in the Nordic region and a member of MIT Group, an operating portfolio within Valsoft Corporation. Valsoft Corporation is based in Montreal, Canada and specialises in the acquisition and development of vertical market software businesses.
Bold Communications acquisition
Bold Communications is one of the United Kingdom’s renowned alarm monitoring platform providers and for over 30 years, the company has developed alarm communications and management systems for the alarm central station and ARC market.
The company supports more UK alarm and CCTV monitoring control rooms than any other supplier and is globally recognised for security monitoring solutions, with its Gemini software platform.
Major vendor of alarm solutions in EMEA region
We’re excited to build on Bold’s distinguished reputation, established over 30 years in the UK security industry"
Dennis Bang Andersen, the Vice President (VP) of Innovative, said “We’re excited to build on Bold’s distinguished reputation, established over 30 years in the UK security industry. This acquisition marks another milestone in our ambition to establish Innovative as the leading vendor of alarm receiving and handling solutions in EMEA.”
Dennis adds, “We’re delighted to welcome our new colleagues to the team, together we can look forward to supporting our customers in the UK and Nordics into the future, with best-in-class solutions and services.”
Supporting Innovative’s EMEA expansion roadmap
Bold Communications’ Managing Director, Brian Kelly, commented “The synergies between Bold and Innovative were clear to both businesses and I look forward to helping build on the fantastic brand and products we’ve developed here at Bold, over the least 30 years.”
Brian adds, “We will, of course, continue our tradition of best-in-class customer service in the UK, while supporting Innovative’s roadmap for continued expansion in EMEA.”