M&A Deal Summary

McAfee Acquires SafeBoot BV

On November 19, 2007, McAfee acquired software company SafeBoot BV from Summit Partners for 350M USD

Acquisition Highlights
  • This is McAfee’s 3rd transaction in the Software sector.
  • This is McAfee’s 2nd largest (disclosed) transaction.
  • This is McAfee’s 1st transaction in the Netherlands.

M&A Deal Summary

Date 2007-11-19
Target SafeBoot BV
Sector Software
Buyer(s) McAfee
Sellers(s) Summit Partners
Deal Type Add-on Acquisition
Deal Value 350M USD

Target

SafeBoot BV

Nieuwegein, Netherlands
SafeBoot is a leading developer of encryption software and management systems that allow corporations to protect the integrity of data on mobile devices.

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Buyer(S) 1

Buyer

McAfee

San Jose, California, United States

Category Company
Founded 1987
Sector Information Technology
Revenue 2.9B USD (2020)
DESCRIPTION
McAfee's corporate headquarters in Santa Clara, California.
McAfee's corporate headquarters in Santa Clara, California.

McAfee delivers proactive and proven security solutions and services that help secure systems and networks around the world, McAfee protects consumers and businesses of all sizes from the latest malware and emerging online threats. McAfee's solutions are designed to work together, integrating anti-malware, antispyware, and antivirus software with security management features that deliver unsurpassed real-time visibility and analytics, reduce risk, ensure compliance, improve Internet security, and help businesses achieve operational efficiencies. McAfee was formed in 1987 and is based in San Jose, California.


DEAL STATS #
Overall 3 of 9
Sector (Software) 3 of 4
Type (Add-on Acquisition) 3 of 9
Country (Netherlands) 1 of 1
Year (2007) 1 of 1
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-04-05 SiteAdvisor

Boston, Massachusetts, United States

SiteAdvisor, Inc. is a provider of web safety software that tests and rates trafficked sites on the Internet for spyware, adware, exploits, pop-ups, and spam.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-06-01 Solidcore Systems

Cupertino, California, United States

Solidcore Systems, Inc. is a developer of change control software for information technology infrastructures.

Buy -

Seller(S) 1

SELLER

Summit Partners

Boston, Massachusetts, United States

Investor Investor Investor Investor Investor


Category Growth Capital Firm
Founded 1984
PE ASSETS 39.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Summit Partners is a private investment and asset management firm focused on venture, growth, credit, and public equity investing. Sectors of interest include business services, communications technology and services, consumer products, energy, financial services, healthcare and life sciences, industrial products, internet/information services, media/entertainment, semiconductors, electronics, and software. Summit Partners is known for having a proactive business development group for sourcing transactions. Summit will consider both minority or majority investment stakes and is willing to commit as little as $10 million or as much as $500 million in combined debt/junior capital per transaction. The Firm's geographic coverage spans North America and Europe. Summit Partners was formed in 1984 and is headquartered in Boston, Massachusetts.


DEAL STATS #
Overall 137 of 287
Sector (Software) 27 of 52
Type (Add-on Acquisition) 61 of 127
Country (Netherlands) 1 of 5
Year (2007) 11 of 12
Size (of disclosed) 18 of 49
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-11-06 Trident University

Cypress, California, United States

Trident University is a regionally accredited, online university. Its technology-enabled online learning model and solutions provide a convenient, cost-effective and high-quality education with programs that lead to bachelor’s, master’s and doctoral degrees. Trident University was founded in 1998 and is based in Cypress, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-12-04 IMMCO Diagnostics

Buffalo, New York, United States

IMMCO Diagnostics provides high-quality diagnostic test kits and lab testing services worldwide for the screening of autoimmune disorders.

Buy -