Trustwave - M&A Summary, Ownership, and Business Overview

SoftwareCompany

Trustwave M&A Summary

Trustwave has acquired 9 companies of its own. A total of 3 acquisitions came from private equity firms. It has also divested 1 asset.

Trustwave’s largest acquisition to date was in 2012, when it acquired M86 Security for $200M. Trustwave has acquired in 7 different US states. The Company’s most targeted sectors include information technology (56%) and software (23%).

Trustwave Ownership

Who owns Trustwave?

Trustwave is owned by MC2 Security Fund. It was acquired on January 5, 2024.

Is Trustwave PE-backed?

Yes. Trustwave is owned by private equity investor MC2 Security Fund.

Was Trustwave formerly PE-backed?

Yes. Trustwave was formerly owned by 6 private investors.

Trustwave Business Overview

Where is Trustwave headquartered?

Trustwave is headquartered in Chicago, Illinois.

How many employees does Trustwave have?

Trustwave has 590 employees.

What sector is Trustwave in?

Trustwave is a software company.

When was Trustwave founded?

Trustwave was founded in 1995.

M&A Summary

  • M&A Total Activity10
    • M&A Buy Activity9
    • M&A Sell Activity1
  • Total Sectors Invested 4
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 4
  • M&A Advisors 1

Trustwave

Trustwave Holdings, Inc.

70 West Madison Street, Suite 1050,
Chicago, Illinois 60602
United States,
(312) 873-7500
www.trustwave.com

Trustwave is a cybersecurity company that reduces cyber risk and fortifies organizations against disruptive and damaging cyber threats. The company's comprehensive offensive and defensive cybersecurity portfolio detects what others cannot, responds with greater speed and effectiveness, optimizes its client’s cyber investment, and improves security resilience. It is an analyst-recognized leader in managed detection and response (MDR), managed security services (MSS), cyber advisory, penetration testing, database security, and email security. Trustwave was formed in 1995 and is based in Chicago, Illinois.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 9 - - - - - 9
vol $200M $200M
Sell (0.2/yr) # - - 1 - - - 1
  10

Most Recent M&A

Company Date Value Type
SecureTrust, Inc. 2021-10-24 - Divestiture
Chicago, Illinois · www.securetrust.com
Cenzic, Inc. 2014-03-18 - Add-on Acquisition
Campbell, California · www.cenzic.com
Application Security, Inc. 2013-11-13 - Add-on Acquisition
New York, New York · www.appsecinc.com
SecureConnect, Inc. 2013-04-03 - Add-on Acquisition
Eden Prairie, Minnesota · www.secureconnect.com
M86 Security, Inc. 2012-03-19 200M USD Add-on Acquisition
Orange, California · www.m86security.com
Breach Security, Inc. 2010-06-22 - Add-on Acquisition
Carlsbad,, California
Intellitactics, Inc. 2010-03-01 - Add-on Acquisition
Reston, Virginia · www.intellitactics.com
Vericept Corp. 2009-09-11 - Add-on Acquisition
Denver, Colorado · www.vericept.com
Mirage Networks, Inc. 2009-02-19 - Add-on Acquisition
Austin, Texas
SecureTrust, Inc. 2007-07-17 - Add-on Acquisition
Chicago, Illinois · www.securetrust.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Information Technology 5 (56%) 200M (100%) 1 (100%) -
Software 2 (22%) - - -
Internet Software and Services 1 (11%) - - -
Technology Hardware 1 (11%) - - -
Total 9 $200M 1 -

By Geo

State/Country Buy Value Sell Value
United States 9 200M 1 -
  California 3 200M - -
  Illinois 1 - 1 -
  Virginia 1 - - -
  Texas 1 - - -
  New York 1 - - -
  Minnesota 1 - - -
  Colorado 1 - - -
Total 9 $200M 1 -

Top M&A Advisors

Legal Deals
Jones Day
1

Deal Values

buy # Total
$100M to $1B 1 $200M
TOTAL $200M
Largest M86 Security, Inc.
$200M (2012-03-19)

M&A Connections

Deals
Acquired from
Investor(s)
33%
3 (33%)
Divested to
Strategic(s)
100%
1 (100%)

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