Denmark, 19th August 2021 – The owners of Innovative Business Software A/S (Innovative), Montreal-based ValsoftCorp, have acquired UK-based security firm Bold Communications, in a move to drive expansion of its presence in the UK. The acquisition will strengthen Innovative’s product offering with the inclusion of Bold’s CCTV alarm event handling and lone worker protection services.
Innovative is the leading 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 is one of the UK’s leading alarm monitoring platform providers and for over 30 years 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 a recognised leader for security monitoring solutions with its Gemini software platform.
Dennis Bang Andersen, VP 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. 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.”
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. We will, of course, continue our tradition of best-in-class customer service in the UK, whilst supporting Innovative’s roadmap for continued expansion in EMEA.”
About Innovative:
Innovative, a Danish company founded in 1982 created an entire new market for control centres by using the latest technologies to dramatically increase productivity in alarm monitoring centers.
The company specialises in developing incident management software for private and public institutions and its award-winning flagship product, Innovative Security Manager (ISM), is the result of 35 years of expertise.
About Bold:
Bold Communications develops and supplies the most widely used integrated security monitoring platform in the UK – Gemini. An easy to use and highly featured solution, Gemini handles alarms, CCTV, audio, asset tracking, access control, telecare and personal protection with a comprehensive range of interfaces and modules.
Bold is a technology leader in the security communications and management sector, having completed hundreds of diverse integrated monitoring projects for private control room and commercial monitoring centres. We also design and develop very high quality custom software for specialist security projects.
Gemini is integrated with a wide range of security and safety products and 24/7 technical support is provided by our inhouse control room technicians. Designed and developed in the UK market and with users all around the world, Gemini leads the operator through an easy to follow handling process, providing all required information and tasks on a single screen.
For further press enquiries, please contact Tom Hedges, Head of Marketing & Brand Communications MIT Group:
tom.hedges@mitgroup.io
+44 7860 293 533
