29 August

Cybersecurity M&A Report 2018

General Dynamics and KKR close the biggest deals in the second quarter of this year.

Mergers and acquisitions in the cybersecurity space slacked off in the second quarter and fewer blockbuster deals were cut — despite brisk venture funding activity during the same period. Our latest diary details the M&A activity.

 

June

Jun. 29. TechCrunch reports Hellman & Friedman, a venture fund and private equity firm, has acquired SimpliSafe, maker of a do-it-yourself, modular home security system, for $1 billion.

Jun. 27. CSPi, a provider of IT managed services, security solutions, and packet capture products, announces sale of its German operations to Reply, an IT service provider and media conglomerate, for €10 million.

Jun. 27. Visium Technologies, a provider of cybersecurity tools and services for the enterprise,announces letter of intent to purchase the Threat Surface Solutions Group, a maker of comprehensive solutions to protect connected devices from penetration. Visium says TSSG will continue to operate as a wholly owned subsidiary of Visium under the management of TSSG Managing Director Kevin Anderson. Financial terms of the deal were undisclosed.

Jun. 19. F-Secure, a Finnish cybersecurity software company, acquires MWR InfoSecurity, a British data security company, for £80 million.

Jun. 11. Splunk, a maker of data analytics and security software, announces acquisition of VictorOps, a developer of DevOps incident management tools, for $120 million in cash and securities.

Jun. 7. Capgemini, a consulting, technology services, and digital transformation company, announces agreement to acquire Leidos Cyber, the commercial cybersecurity arm of Leidos. Financial terms of the deal were undisclosed.

Jun. 5. Edition, a software and content maker for cellular telephones, announces binding memorandum of understanding to acquire 51 percent of Hyperlync Technologies, a cybersecurity company, for $3.5 million.

Jun. 5. Business Technology Partners, an IT consulting company and managed IT services firm, announces acquisitions of the Secure IT Engineering Division of Secure Technology Integration and the Managed Services US Division of PTS. Financial terms of the deal were undisclosed.

Jun. 4. Qualys, a provider of information security and compliance cloud solutions, announces its intent to acquire Second Front Systems, a maker of cybersecurity and advanced intelligence and analytics solutions. Qualys Chairman and CEO Philippe Courtot says acquisition will enable his company to strengthen its federal division and expand its reach in military and defense sectors. Financial terms of the deal were undisclosed.

 

May

May 31. Thoma Bravo, a private equity investment firm, announces agreement to acquire a majority interest in LogRhythm, a maker of Security Information and Event Management software. Financial terms of the deal were undisclosed.

May 29. Kohlberg Kravis Roberts announces it’s buying BMC, a software company whose portfolio includes solutions for vulnerability management and cloud security. Financial terms of the deal were not disclosed, but the New York Post pegs the value of BMC at $10 billion.

May 29. FireMon, a network security policy management provider, announces agreement to purchase Lumeta Corporation, a cyber situational awareness solutions maker. FireMon says it intends to continue operating Lumeta as a stand-alone business. Reggie Best will continue as Lumeta’s president and serve on the executive leadership team at FireMon.

May 29. Madison Dearborn Partners and CoVant Management announce acquisition of LinQuest Corporation. LinQuest provides space systems technology solutions, including software and cyber systems development, to US defense and intelligence communities. LinQuest management, including CEO Leon Biederman, will retain a significant minority ownership position and will continue to lead the company. Financial terms of the transaction were not disclosed.

May 27. Malwarebytes, a maker of endpoint security software, announces acquisition of Binisoft, maker of Windows Firewall Control. WFC allows companies to more easily manage their firewalls. Binisoft will retain its current name, supplemented by Malwarebytes branding. Financial terms of the deal were undisclosed.

May 25. WISeKey announces it has purchased the remaining 15 percent of outstanding shares of QuoVadis Holdings, an electronic authentication technology company. WISeKey bought 85 percent of QuoVadis’s outstanding shares in April 2015. For the remaining 15 percent, QuoVadis’s management is receiving 860,000 shares of Class B WISeKey stock.

May 21. Fishtech Group announces intent to acquire Haystax Technology, a security analytics and risk management solutions provider. Haystax will become a wholly owned entity under the FTG umbrella. According to Fishtech, the acquisition enhances its data-driven security solutions while extending Haystax’s reach beyond its roots in homeland security and public safety. Financial terms of the deal were undisclosed.

May 21. Parsons, which provides solutions for the defense, security, and infrastructure markets, announces acquisition of Polaris Alpha, a maker of machine learning, data, video, multi-source analytics, and automated reasoning technologies. Parsons says Alpha’s portfolio of electromagnetic warfare, signals intelligence, space situational awareness, and multi-domain command and control technologies will expand Parson’s defensive and offensive cybersecurity missions. Financial terms of the deal were undisclosed.

May 18. Utimaco, a maker of hardware security modules, announces intent to acquire the Atalla HSM and ESKM business lines from Micro Focus. HSMs are special purpose computing devices to protect and manage cryptographic secrets, such as digital keys and signatures. Financial terms of the deal were undisclosed.

May 17. NexusTek, a provider of IT support and outsourcing including help desk, cloud services, VoIP, cybersecurity services, server monitoring, and Microsoft Dynamics, and Breakthrough Technology Group, a managed private cloud service provider that supports business and compliance needs across an array of industries, announce merger. The new company will operate under the NexusTek brand. The deal was facilitated by Abry Partners.

May 11. Cybersecurity firms PhishLabs and BrandProtect announce merger. The threat intelligence and mitigation companies will operate under the PhishLabs name and from PhishLabs headquarters in Charleston, S.C.

 

April

Apr. 19. Tieto announces agreement to acquire NSEC AB, a Swedish security services company employing about 30 security professionals. Financial terms of the deal were undisclosed.

Apr. 13. Permira, a global private equity firm, agrees to acquire a majority stake in the Exclusive Group, a provider of value-added services and technologies for cybersecurity and cloud migration. Financial terms of the deal were undisclosed.

Apr. 11. Palo Alto Networks announces intent to acquire Secdo, maker of a platform for network visibility and analytics, as well as incident response and remediation. Financial terms of the deal were undisclosed.

Apr. 9. Cognosec announces its intent to acquire Advantio, a cyber resilience advisory company. The €12 million deal involves the purchase of 100 percent of Advantio’s outstanding shares for €2.4 million in cash and €9.6 million in Cognosec AB new issue shares.

Apr. 5. RSA announces its intent to acquire Fortscale, an embedded behavioral analytics company. Financial terms of the deal were undisclosed.

Apr. 5. ACA Compliance Group announces acquisition of Cordium, a provider of governance, risk, and compliance services. Financial terms of the deal were undisclosed.

Apr. 5. Noblis, a provider of science, technology, and strategy services, announces that Noblis NSP, a wholly owned subsidiary, has merged with the company. The merger consolidates Noblis’s client delivery in the intelligence and law enforcement markets.

Apr. 3. General Dynamics announces completion of acquisition of CSRA , a cloud computing and cybersecurity company, for $6.9 billion.

Apr. 3. Francisco Partners, a private equity firm, announces definitive agreement to acquire Bomgar, a secure access solutions company. Financial terms of the deal were undisclosed.

 

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This article was originally sourced from Cybercrime Magazine

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