Innovise Limited has acquired the Ministry of Ideas (MOI) businesses in the UK, North America and Poland to form a new division in the group, focused on risk and loss prevention software solutions. The deal allows the customers of MOI to benefit from the combined scale and software expertise of Innovise, while retaining the tight focus on the needs of the risk and loss prevention marketplace.
Mike Taylor, CEO of Innovise, explains the decision to buy: “MOI reminds me of Innovise Software in its earliest days, with its vertical market focus and dedicated team of professionals. We see great scope to help the business scale over coming years, which is why we were keen to acquire the business.”
