M&A Deal Summary

Rightworks Acquires Practice Protect

On June 26, 2024, Rightworks acquired information technology company Practice Protect

Acquisition Highlights
  • This is Rightworks’ 3rd transaction in the Information Technology sector.
  • This is Rightworks’ 6th transaction in the United States.
  • This is Rightworks’ 1st transaction in Colorado.

M&A Deal Summary
Date 2024-06-26
Target Practice Protect
Sector Information Technology
Buyer(s) Rightworks
Deal Type Add-on Acquisition

Target

Practice Protect

Denver, Colorado, United States
Practice Protect is a cybersecurity platform, that gives firms complete control and peace of mind when working with client data and passwords through enterprise level automation, application security and human-powered support. Practice Protect is based in Denver, Colorado.

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Buyer(S) 1

Buyer

Rightworks

Hudson, New Hampshire, United States
Category Company
Founded 2002
Sector Internet Software and Services
DESCRIPTION

Rightworks is a provider of cloud solutions to accountants and small and medium-sized businesses. Rightworks' cloud platform is built with advanced virtualization technology deployed on enterprise-class infrastructure and effectively enables SMB end-users to connect, share and collaborate in the cloud with any time, anywhere access to applications, files, and data. Rightworks was founded in 2002 and is based in Hudson, New Hampshire.

DEAL STATS #
Overall 6 of 6
Sector (Information Technology) 3 of 3
Type (Add-on Acquisition) 6 of 6
State (Colorado) 1 of 1
Country (United States) 6 of 6
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-11-14 Tech 4 Accountants

Lake Worth, Florida, United States

Tech 4 Accountants is a security-focused managed service provider for accounting firms and small and medium-sized businesses. Tech 4 Accountants was founded in 2014 and is based in Lake Worth, Florida.

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