M&A Deal Summary

Proofpoint Acquires Secure Data In Motion

On August 1, 2008, Proofpoint acquired information technology company Secure Data In Motion from Liberty Partners

Acquisition Highlights
  • This is Proofpoint’s 1st transaction in the Information Technology sector.
  • This is Proofpoint’s 1st transaction in the United States.
  • This is Proofpoint’s 1st transaction in California.

M&A Deal Summary
Date 2008-08-01
Target Secure Data In Motion
Sector Information Technology
Buyer(s) Proofpoint
Sellers(s) Liberty Partners
Deal Type Add-on Acquisition

Target

Secure Data In Motion

Sunnyvale, California, United States
Secure Data In Motion, Inc. is a provider of enterprise-class, secure message management solutions, including email, instant messaging and document delivery. Corporations, as well as, financial, healthcare, and government institutions use the company’s products to send highly secure, encrypted messages to virtually anyone, anywhere, without cumbersome software or re-authentication requirements.

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Buyer(S) 1

Buyer

Proofpoint

Sunnyvale, California, United States

website

Category Company
Founded 2002
Sector Internet Software and Services
Employees3,658
Revenue 1.1B USD (2020)
DESCRIPTION

Proofpoint is a security-as-a-service provider that focuses on cloud-based solutions for threat protection, compliance, archiving & governance, and secure communications. Proofpoint was formed in 2002 and is based in Sunnyvale, California.

DEAL STATS #
Overall 2 of 22
Sector (Information Technology) 1 of 4
Type (Add-on Acquisition) 2 of 21
State (California) 1 of 11
Country (United States) 1 of 18
Year (2008) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-06-24 Fortiva

Toronto, Ontario, Canada

Fortiva, Inc. is a provider of on demand email archiving solutions for legal discovery, regulatory compliance and email storage management.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-10-31 Everyone.net

Sunnyvale, California, United States

Everyone.net, Inc. is a provider of Software as a Service (SaaS) messaging for service providers and businesses worldwide.

Buy -

Seller(S) 1

SELLER

Liberty Partners

New York, New York, United States

Investor Investor

website

Category Private Equity Firm
Founded 1992
PE ASSETS 1.0B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Liberty Partners is a private equity investment firm that targets controlling or substantial-minority investments in North American companies. Liberty looks for opportunities in manufacturing, business services, and education-related companies and seeks to invest $20 to $75 million of equity capital per transaction. Target businesses generally have at least $50 million in revenues and at least $6 million in EBITDA. Prospective transaction types include leveraged buyouts, corporate divestitures, recapitalizations, going-privates, build-ups, and growth financings. Liberty Partners was formed in 1992 and is based in New York City.

DEAL STATS #
Overall 20 of 32
Sector (Information Technology) 2 of 4
Type (Add-on Acquisition) 8 of 12
State (California) 5 of 7
Country (United States) 20 of 32
Year (2008) 4 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-05-07 Precyse

Wayne, Pennsylvania, United States

Precyse is a provider of outsourced medical transcription, medical coding, and other document management services to U.S. based hospitals and other healthcare providers. The company also provides healthcare facilities with cutting-edge, outsourced administrative functions. Precyse was founded in 1999 and is based in Wayne, Pennsylvania.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-11-25 High Tower Software

Aliso Viejo, California, United States

High Tower Software, Inc. is a provider of appliance based, security event management solutions that help enterprises identify critical threats to information systems as they occur and initiate remediation efforts. High Tower's advanced security event management appliances are the next evolutionary step from traditional products.

Sell -
Mergr

Product

Company

Legal