Farnborough, UK, 23rd July 2024 - We are thrilled to announce that IDGateway has been successfully acquired by Valsoft Corporation, a Canadian firm specialising in the acquisition and development of vertical market software businesses.
As a market leader in identity management and background checking solutions for airports and high-security environments, this acquisition marks a significant step forward for IDGateway. We are excited to collaborate with the Valsoft team to expand our presence in Europe and globally.
Since our founding in 2012, IDGateway has revolutionised vetting processes with our innovative platforms, VettingGateway and AirportGateway, enhancing efficiency and security in identity management.
We are delighted to have been acquired by Valsoft Corporation and look forward to many successful years ahead!
Julian Parker, Managing Director of IDGateway commented:
"Valsoft's acquisition of IDGateway represents an exciting opportunity to continue the growth of our business by maintaining our meaningful connection with clients. We are thrilled to be working with Valsoft to continue to drive operational excellence and focus on software development as we look to expand our software capabilities to the global market."
Anthony Caruso, Investment Partner at Valsoft added:
"IDGateway showcases remarkable potential for sustained growth and continued market leadership. Our goal is to support IDGateway's ongoing success by empowering Julian Parker and his team. With Valsoft's strategic resources, we're confident in fostering new avenues of growth and innovation within the industry."
About Valsoft Corporation:
Valsoft Corporation acquires and develops vertical market software companies that deliver mission-critical solutions. A key tenet of Valsoft’s philosophy is to invest in established businesses and foster an entrepreneurial environment that shapes a company into a leader in its respective industry. Unlike private equity and VC firms, Valsoft does not have a predefined investment horizon and looks to buy, hold, and create value through long-term partnerships with existing management and customers.
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