Valsoft Corporation (Valsoft) has acquired a UK-based security firm, Bold Communications, in a move to drive the expansion of its security business in the United Kingdom. Valsoft is based in Montreal, Canada and specialises in the acquisition and development of vertical market software businesses.
The acquisition follows Valsoft’s recent acquisition of Innovative Business Systems (Innovative). Innovative is one of the world’s renowned providers of security technology in the Nordic region and a member of MIT Group, an operating portfolio within Valsoft Corporation, with core interests in the security, aviation and EHSQ verticals.
Acquisition of Bold Communications
Bold Communications is one of the UK’s major 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
The company supports more UK alarm and CCTV monitoring control rooms than any other supplier and is widely recognised for their security monitoring solutions, with the Gemini software platform.
Expansion in the UK security market
Patrick Cusk, the Chief Executive Officer (CEO) of MIT Group, 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.”
Patrick Cusk 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.”
Providing top customer service in the UK
Bold 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 last 30 years.”
Brian Kelly 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.”