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Valsoft enters UK market with Bold acquisition

by Andy Clutton

Valsoft Corporation (Valsoft) has acquired UK-based security firm Bold Communications in a move to drive expansion of its security business in the UK.

The acquisition follows Valsoft’s recent acquisition of Innovative Business Systems (Innovative). Innovative is a 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 has developed alarm communications and management systems for the alarm central station and ARC market for over 30 years. The company supports UK alarm and CCTV monitoring control rooms with its Gemini software platform.

Patrick Cusk, CEO of MIT Group said: “We’re excited to build on Bold’s distinguished reputation, established over 30 years in the UK security industry. 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.”

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 least 30 years.”

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