M&A Deal Summary

Trackforce Valiant Acquires TrackTik

On June 29, 2022, Trackforce Valiant acquired software company TrackTik

Acquisition Highlights
  • This is Trackforce Valiant’s 2nd transaction in the Software sector.
  • This is Trackforce Valiant’s 1st transaction in Canada.
  • This is Trackforce Valiant’s 1st transaction in Quebec.

M&A Deal Summary
Date 2022-06-29
Target TrackTik
Sector Software
Buyer(s) Trackforce Valiant
Deal Type Add-on Acquisition

Target

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.

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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 3 of 3
Sector (Software) 2 of 2
Type (Add-on Acquisition) 3 of 3
State (Quebec) 1 of 1
Country (Canada) 1 of 1
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-10 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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