M&A Deal Summary

Fortra Acquires Outflank

On September 1, 2022, Fortra acquired information technology company Outflank

Acquisition Highlights
  • This is Fortra’s 10th transaction in the Information Technology sector.
  • This is Fortra’s 1st transaction in the Netherlands.

M&A Deal Summary

Date 2022-09-01
Target Outflank
Sector Information Technology
Buyer(s) Fortra
Deal Type Add-on Acquisition

Target

Outflank

Amsterdam, Netherlands
Outflank is a specialized IT security company that performs security tests and red teaming engagements and trained nearly 1,000 IT and security professionals. The company's OST product is the market’s first solution offering a full spectrum toolset that supports other red teams in their critical jobs of testing security and the organization’s resilience to advanced adversary simulations. Outflank is based in Amsterdam, Netherlands.

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Buyer(S) 1

Buyer

Fortra

Eden Prairie, Minnesota, United States

Category Company
Founded 1982
Sector Information Technology
DESCRIPTION

Fortra provides security, systems and network management, automation, business intelligence and compliance solutions. The Company’s software and services monitor and automate processes, encrypt and secure data, and provide access to the information that large organizations need every day. Fortra was founded in 1982 and is based in Eden Prairie, Minnesota.


DEAL STATS #
Overall 25 of 25
Sector (Information Technology) 10 of 10
Type (Add-on Acquisition) 20 of 20
Country (Netherlands) 1 of 1
Year (2022) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-04-08 Terranova Security

Laval, Quebec, Canada

Terranova Security is a global security awareness training partner using a proven pedagogical framework. The company's training solutions empower organizations worldwide to implement programs that change user behaviors, reduce the human risk factor, and counter cyber threats effectively. As a result, any employee can better understand phishing, social engineering, data privacy, compliance, and other critical best practices. With the addition of new features like its Content Center and Cyber Hero Score, Terranova Security consistently innovates to support all organizations' cyber security objectives. Terranova Security is based in Laval, Quebec.

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