M&A Deal Summary

Bureau Veritas Acquires Security Innovation

On July 25, 2024, Bureau Veritas acquired software company Security Innovation

Acquisition Highlights
  • This is Bureau Veritas’ 1st transaction in the Software sector.
  • This is Bureau Veritas’ 17th transaction in the United States.
  • This is Bureau Veritas’ 1st transaction in Washington.

M&A Deal Summary

Date 2024-07-25
Target Security Innovation
Sector Software
Buyer(s) Bureau Veritas
Deal Type Add-on Acquisition

Target

Security Innovation

Seattle, Washington, United States
Security Innovation provides security software and services to companies helping some of the largest businesses manage security threats. The company is dedicated to making software more resilient within the world’s most challenging environments; whether on the web, in devices, or in the cloud. Recognizing that application software no longer exists in isolation, its clients are better prepared to anticipate, navigate and reduce software security risk regardless of technology or system complexity. Security Innovation was founded in 2002 and is based in Seattle, Washington.

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Buyer(S) 1

Buyer

Bureau Veritas

Neuilly-sur-Seine, France

Category Company
Founded 1828
Sector Business Services
Employees77,722
Revenue 5.9B EUR (2023)
DESCRIPTION

Bureau Veritas is delivering high quality services to help clients meet the growing challenges of quality, safety, environmental protection and social responsibility. Bureau Veritas was founded in 1828 and is based in Neuilly-sur-Seine, France.


DEAL STATS #
Overall 73 of 74
Sector (Software) 1 of 1
Type (Add-on Acquisition) 70 of 71
State (Washington) 1 of 1
Country (United States) 17 of 18
Year (2024) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-01-22 Ance

Mexico, Mexico

Ance is a testing and certification service for electrical and electronic products covering many segments including electrical and electronic products, household appliances, and lighting and wireless products. Ance is based in Mexico City.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-09-04 ArcVera Renewables

Golden, Colorado, United States

ArcVera Renewables provides finance-grade consulting and technical services for wind, solar, and battery storage projects worldwide. The company provides customers with advanced technical site and resources assessments, and consultancy during the development and operations stages of utility-scale renewables projects. ArcVera Renewables is headquartered in Golden, Colorado.

Buy -