SAN DIEGO, June 29, 2022–(BUSINESS WIRE)–Trackforce Valiant, a leading provider of security workforce management solutions, today announced the acquisition of TrackTik Software, one of the most innovative and fastest growing cloud-based security workforce management providers. The combination of these two companies has created a new dominant market leader in providing visibility and control for the physical security workforce.
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“We are very excited to welcome TrackTik to the Trackforce Valiant family,” said Trevor Campion, CEO of Trackforce Valiant. “More than ever, we believe in the importance of providing the right security solutions for companies of all sizes and business needs. The addition of TrackTik enables us to offer a wide range of technology options built specifically for the unique needs of physical security operations.”
TrackTik was founded in 2013 with the mission of providing a complete set of tools through easy-to-use software and eliminating the fear of technology to deploy it to manage security personnel. Originating in Montreal, Canada, TrackTik provides solutions to more than 35 countries on 6 continents and has steadily innovated in the way companies use workforce technology for security operations. The platform offers a full suite of applications, combining the needs of back office administration with frontline security operations.
As a result of this new venture, physical security companies can now leverage the combined best practices of two leading security personnel management vendors, providing multiple options for managing security operations. In addition, the combined technology teams of Trackforce Valiant and TrackTik Software will enable the company to further innovate and improve their solutions beyond any other software vendor in the industry.
“The physical security market continues to grow, and with it the need for solutions that can grow with it,” said Simon Ferragne, CEO of TrackTik. “This acquisition positions us as the dominant technology leader for security workforces, and we are excited to work together to continue our mission of building innovative, industry-leading solutions for our customers.”
Both companies will continue to operate in the service of their customers and partners, with Trevor Campion as CEO overseeing the combined organization and Simon Ferragne, CEO of TrackTik, taking on the role of CTO. The investors of Simon Ferragne and TrackTik, CDPQ Investissements, Georgian, Klass Capital, Inovia Capital, Intercap and Schauer Ventures have reinvested a portion of their proceeds in the newly combined entity to further the company’s continued growth. TrackTik will continue to operate and maintain a presence in Quebec as one of Canada’s premier small and medium-sized employers. Trackforce Valiant and TrackTik will collaborate to develop and innovate security solutions, including time and labor management, Guard Touring, Incident Management, Dispatch and Mobile Patrol, as well as billing and payroll management.
About Trackforce Valiant
Trackforce Valiant is a leader in complete security workforce management solutions. More than 300,000 professionals in more than 30,000 customer locations in 45 countries use Trackforce Valiant every day to ensure the delivery of reliable security services, improve operational efficiency and optimally manage their human capital. For nearly 30 years, Trackforce Valiant has been providing fully integrated security solutions to its partners and customers. With its expertise in security and state-of-the-art information systems technology, Trackforce Valiant is proud to offer the most effective solutions available on the market. Clients include the world’s leading providers of security services, as well as major airports, universities and companies around the world. Additional information is available at https://www.trackforcevaliant.com†
Founded in 2013, TrackTik is a privately owned, VC-backed Canadian scale-up of over 200 employees that provides a cloud-based workforce management solution to the physical security industry. Headquartered in Montreal, with offices in the United Kingdom and a presence in several provinces in Canada and the Netherlands, TrackTik serves 780 customers in more than 35 countries. TrackTik quickly established itself as an industry leader with a mission to seamlessly connect people, workflows and systems to provide a better way of working for the physical security workforce. TrackTik’s integrated suite of automated tools smoothly connects frontline operations and back office management, enabling managers to track field workers’ progress, reduce manual tasks, reduce costs, collect actionable insights from data to demonstrate value, operational efficiency promote and increase productivity and job satisfaction, and retention. Additional information is available at https://www.tracktik.com†
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