Valsoft Corporation Expands Presence in Aerospace with Acquisition of IDGateway

MONTREAL, QC / ACCESSWIRE / July 23, 2024 / Valsoft Corporation Inc. (“Valsoft”), a Canadian company specializing in acquiring and growing vertical market software companies, is pleased to announce the acquisition of IDGateway Limited (“IDGateway”), a market leader in providing identity management and background check solutions for airports and other high-security environments.

IDGateway has been helping its customers and partners automate access control processes, simplify verification processes and increase operational efficiency since 2012. IDGateway’s flagship product, ArportGateway (AGW), is the only identity pass management solution tailored specifically for airports, enabling the transition from manual to automated access control processes.

“IDGateway has tremendous potential for continued growth and market leadership,” explains Anthony Caruso, Investment Partner at Valsoft. “Our goal is to support IDGateway’s continued success by empowering Julian Parker and his team. With Valsoft’s strategic resources, we are confident we will support new avenues of growth and innovation in the industry.”

“The acquisition of IDGateway by Valsoft represents an exciting opportunity to continue to grow our business while maintaining significant customer relationships,” said Julian Parker, Managing Director of IDGateway. “We are excited to partner with Valsoft to continue to drive operational excellence and focus on software development as we look to expand our software capabilities into the global marketplace.”

Valsoft worked closely with BDO on this acquisition. Nicole Gordon, Senior Manager at BDO, noted, “The IDGateway team has built a market-leading business with an outstanding reputation, and we look forward to seeing the company’s future success as part of Valsoft. The market for high-quality technology companies remains strong, especially those with well-established customers, mission-critical services, and a strong history of growth, such as IDGateway.”

With this latest acquisition, IDGateway becomes the third company in the aviation industry to join the Valsoft family. IDGateway will now have the opportunity not only to further strengthen its presence in the European and global markets with its flagship suite, but also to expand Valsoft’s presence in the aviation industry globally. The IDGateway management team will remain on board to maintain the company’s excellent reputation with customers as the company grows.

About IDGateway:

Founded in 2012, IDGateway is a developer of innovative technology security software solutions, VettingGateway and AirportGateway. IDGateway solutions are designed to uniquely enhance the background check and ID submission process for high security or regulated businesses. Trusted by leading organisations such as Heathrow and Gatwick Airports, The Restaurant Group PLC and Wilson James, the team supports and develops their technology in Farnborough, UK.

For more information visit: www.idgateway.co.uk

About Valsoft Corporation:
Valsoft Corporation acquires and develops vertical 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 the company into an industry leader. Unlike private equity and VC firms, Valsoft does not have a fixed investment horizon and seeks to acquire, retain, and create value through long-term partnerships with existing management and customers. Learn more at www.valsoftcorp.com\.

Valsoft was represented by Oliver Gray (Senior Legal Counsel) and Elisa Marcon (Corporate Legal Counsel).

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Valsoft Corporation
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SOURCE: Valsoft Corp.