Versaterm adds Utah firm to growing stable of software companies

Versaterm image
Ottawa-based Versaterm supplies dispatch software and records management services to first responders throughout Canada and the U.S. File photo

Versaterm is adding another U.S. enterprise to its growing stable of companies as it continues to expand its service offerings through acquisitions. 

The Ottawa-based public safety and security solutions provider announced Wednesday it has purchased Mindbase, an 11-person company headquartered in Utah that specializes in a mental health and wellness platform for first responders. 

Terms of the transaction were not disclosed.

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“Versaterm and Mindbase share a common mission of bringing people, knowledge, and intelligent technology together to support first responders’ resilience as they protect the safety of their communities,” Versaterm president and CEO Warren Loomis said in a statement.

“Incorporating Mindbase into our end-to-end ecosystem enhances our ability to deliver a more holistic approach to mental health and wellness and create new possibilities for future product innovation.”

Mindbase’s flagship product is a mobile app that analyzes real-time data from public safety and security agencies’ computer-aided dispatch and record management systems to help detect when first responders are facing potentially traumatic situations. The platform also provides personalized mental health and fitness tracking and connects users to resources such as peer support programs.

“First responders have one of the most emotionally demanding jobs in public service,” Mindbase chief executive Corey Roberts said in a statement. 

“We developed Mindbase with the aim of applying the latest technologies to support individuals who may be struggling with on-the-job stress. As part of Versaterm, we can offer peer support leaders more resources and actionable data to elevate their wellness programs. Together, our solutions will continue to foster healthier and more resilient work environments for mission-critical teams.”

It’s the 11th acquisition in the past four years for Versaterm, which has quadrupled its head count to more than 400 employees since 2020. 

It’s also the company’s second M&A deal in the past month. The company announced in early April it acquired Integrated Computer Systems, a Texas-based organization that specializes in computer-aided dispatch, mobile data client and comprehensive records management systems used by 911 dispatchers, police, firefighters, and emergency medical personnel across the state.

Founded in 1977, Versaterm makes software that helps police forces, fire departments and other public safety agencies manage their operations.

Versaterm’s signature product feeds information to first responders in the field in real time – for example, informing them if a suspect has a criminal record or whether a particular address has been the subject of previous complaints.

Over the past few years, the firm has diversified its tech stack by acquiring other companies with capabilities that complement its offerings, such as a California-based enterprise whose products transform android phones into body cameras with real-time video and audio-streaming capabilities.

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