M&A Deal Summary

Trackforce Valiant Acquires Silvertrac Software

On January 10, 2020, Trackforce Valiant acquired software company Silvertrac Software

Acquisition Highlights
  • This is Trackforce Valiant’s 1st transaction in the Software sector.
  • This is Trackforce Valiant’s 2nd transaction in the United States.
  • This is Trackforce Valiant’s 1st transaction in Nevada.

M&A Deal Summary

Date 2020-01-10
Target Silvertrac Software
Sector Software
Buyer(s) Trackforce Valiant
Deal Type Add-on Acquisition

Target

Silvertrac Software

Las Vegas, Nevada, United States
Silvertrac Software is a Security Guard Management & Incident Reporting System that is designed to simplify small business security operations. Silvertrac Software was established in 2007 and is based in Las Vegas, Nevada.

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Buyer(S) 1

Buyer

Trackforce Valiant

San Diego, California, United States

Category Company
Founded 2000
Sector Software
DESCRIPTION

Trackforce Valiant is an operator of physical security software and technology solutions company dedicated to the development of cloud and mobile-based security management software systems. Trackforce proudly offers the most effective solutions available on the market. Trackforce Valiant has over 1,000 customers including the world's leading security guard service providers, major airports, universities, and corporations across the globe. Trackforce Valiant was founded in 2000 and is based in San Diego, California.


DEAL STATS #
Overall 2 of 3
Sector (Software) 1 of 2
Type (Add-on Acquisition) 2 of 3
State (Nevada) 1 of 1
Country (United States) 2 of 2
Year (2020) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-09-05 Valiant Solutions

Woodbury, New York, United States

Valiant Solutions, Inc. is a provider of Human Capital Management (“HCM”) solutions. Valiant’s solutions are delivered in a Software as a Service (“SaaS”) platform which powers a suite of integrated Payroll, Time & Labor Management, and Human Resources products. Valiant Solutions was established in 1993 and is based in Woodbury, New York.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-06-29 TrackTik

Montreal, Quebec, Canada

TrackTik is a Canadian scale-up of 200 + employees providing a cloud-based workforce management solution in the physical security industry. The company serves 780 customers in more than 35 countries. TrackTik seamlessly connects humans, workflows, and systems to deliver a better way of working to the physical security workforce. Its integrated suite of automated tools fluidly connects frontline operations and back-office management allowing managers to follow the progression of field workers, reduce manual tasks, lower cost, glean actionable insights from data to demonstrate value, promote operational efficiency and boost productivity, job satisfaction, and retention. TrackTik was formed in 2013 and is based in Montreal, Quebec.

Buy -