Bidpath Inc. (“Bidpath”) – A Leading Global Auction Software Company – further expands its Auction Software business into the UK with the acquisition of Pacts Auction Systems (“Pacts”).

Pacts Auction Systems founded by Peter and Lindsay Hills will become a wholly-owned subsidiary of Bidpath Ltd. Peter Hills will assume the role of Technical Director, while Lindsay Hills and the rest of the Pacts team will remain in their current roles and be joined by some new team members to assist in the further development of the Pacts products. The current offices near Andover will continue to be the home of Pacts and will be further expanded to also become Bidpath’s UK Headquarters.

“We’re very excited to have Pacts join the Bidpath family and are honoured to be able to continue what Peter and Lindsay started more than 30 years ago”, said Adam Alexander, CEO of Bidpath. “We are fully committed to the ongoing development and support of Pacts 40 and our team looks forward to working with Peter to complete and launch Pacts in the Cloud.”

“Pacts in the Cloud” is being developed alongside Pacts 40 as an additional product, not a replacement. Pacts will remain a stand-alone Auction Management System and will be able to have integrated data feeds to any live Webcast or Online only software that the current 100+ Pacts customers use.” said David Brindley, Managing Partner of Bidpath. “We also plan to further develop our CatMaker product by adding new features and functionality, to enhance the current offering and giving increased value to our loyal Pacts users.”

Bidpath is a Global Auction Software Company providing live Webcast and Online only bidding platforms to over 300 Auction Companies around the world. Bidpath’s Auction Software is the leading private label and fully customisable global auction platform, offering fully branded solutions that give back the Auctioneer control over their brand and their customers. Some of the clients that Bidpath currently power are Bidsquare, RM Sothebys, Skinner, Leslie Hindman, Juliens, Roseberys, Mossgreen, and Propstore.

Pacts, Pacts in the Cloud and CatMaker are registered trademarks of Pacts Auction Systems.

For further information please contact David Brindley, Managing Partner, +44(0) 845 163 0584 or by email [email protected]