Gaming Laboratories International together with affiliates, “the “GLI Group” announced the acquisition of Bulletproof Solutions Inc.
The announcement which was made available to the public on 1st of June 2016 said ”the investment further underscores the GLI Group’s commitment to Canada, and in particular, New Brunswick and the Atlantic Provinces.”
The GLI Group said it will keep, the entire leadership team and executives at Bulletproof, including the senior management team led by Steven Burns, Jeff Shaw and Andrew Jefferies. They will continue to manage the company just as they have since inception.
Both companies plan to leverage Bulletproof’s strong IT services capabilities throughout other provinces in Canada and in the United States. In addition to traditional and core market clients in the public and commercial sectors that Bulletproof serves today,
Bulletproof’s offering of IT services will be introduced immediately to gaming, lotteries and voting machine related companies – all sectors where the GLI Group maintains a dominant market share of testing related services.
The GLI Group’s principal owner, James Maida while commenting on the deal said, “We’re very pleased to invest in Bulletproof and their management team. While the GLI Group has businesses globally, the Atlantic Canada region is critically important to our strategy. The Bulletproof team has done an impressive job building a globally competitive company in New Brunswick. We’re excited about the opportunity to expand Bulletproof throughout Canada and globally with New Brunswick as the base of operations. This is great for us and it’s great for Atlantic Canada because we see opportunities to expand into markets across Canada and the rest of the world. Atlantic Canada is a great place to do business and an ideal place to concentrate some key centralized services Bulletproof provides. We’re going to deliver those services to a wider export market across the world. At the same time, we see an opportunity in parallel for on the ground operations to expand into other key regions of Canada and the USA which will only further strengthen the GLI Group and Bulletproof’s market position and success.”
GLI is committed to jobs and growth in the Maritimes. James Maida noted, “Given the province’s recent announcement on the development of their cyber-security strategy, we (GLI) see great potential in being part of the implementation and growth opportunity by investing in existing infrastructure and competencies in the region. We find great synergies investing our capital there.”