M&A Deal Summary

Arrowroot Capital Acquires SilverSky

On November 2, 2020, private equity firm Arrowroot Capital acquired information technology company SilverSky from BAE System

Acquisition Highlights
  • This is Arrowroot Capital’s 3rd transaction in the Information Technology sector.
  • This is Arrowroot Capital’s 17th transaction in the United States.
  • This is Arrowroot Capital’s 2nd transaction in North Carolina.

M&A Deal Summary

Date 2020-11-02
Target SilverSky
Sector Information Technology
Buyer(s) Arrowroot Capital
Sellers(s) BAE System
Deal Type Divestiture

Target

SilverSky

Morrisville, North Carolina, United States
SilverSky provides comprehensive commercial cyber security services focused on organizations with strict security and compliance requirements such as banks, credit unions and other financial institutions. The Company also has a solid presence in other security-aware markets such as healthcare and insurance. SilverSky was founded in 1997 and is based in Morrisville, North Carolina.

Search 200,500 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Arrowroot Capital

Marina Del Rey, California, United States

Category Private Equity Firm
Founded 2014
Size Small
Type Sector Focused
DESCRIPTION

Arrowroot Capital is a private investment group focused on making growth capital investments in software-as-a-service and internet-based companies. The Firm looks to invest $5 to $25 million per transaction to support growth initiatives, liquidity for founders/investors, or acquisitions. Prospective companies are generally are b2b, offering mission-critical services. Arrowroot was formed in 2014 and is based in Santa Monica, California.


DEAL STATS #
Overall 19 of 27
Sector (Information Technology) 3 of 5
Type (Divestiture) 1 of 1
State (North Carolina) 2 of 2
Country (United States) 17 of 23
Year (2020) 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-03-02 mParticle

New York, New York, United States

mParticle is the customer data platform for every screen. Sophisticated marketers at companies including Starwood, NBC Universal, Spotify, and Airbnb use mParticle to integrate and orchestrate their entire growth stack, enabling them to win in key moments of the customer journey. mParticle was founded in 2012 and is based in New York City.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-04 FiscalNote

Washington, District of Columbia, United States

FiscalNote is a technology and media company that provides information services and software that connects the world to their governments. As the premier hub of domestic and global government information, FiscalNote’s suite of software solutions offers customers and readers policy data, news, analysis and journalism. For organizations facing government impact, FiscalNote is the platform for professionals to plan and execute their organization’s government risk strategy. FiscalNote was founded in 2013 and is based in Washington, District of Columbia.

Buy -

Seller(S) 1

SELLER

BAE System

Camberley, United Kingdom

Category Company
Founded 1970
Sector Defense
Employees99,800
Revenue 23.1B GBP (2023)
DESCRIPTION
BAE office in Reston, Virginia.
BAE office in Reston, Virginia.

BAE Systems is a provider of defense and security products and services. From sophisticated cyber services and military support, to mission critical electronic systems and protection equipment, BAE aims to be at the forefront of defense technology and science. BAE Systems was founded in 1970 and is headquartered in Camberley, England.


DEAL STATS #
Overall 5 of 7
Sector (Information Technology) 1 of 2
Type (Divestiture) 5 of 7
State (North Carolina) 1 of 1
Country (United States) 4 of 4
Year (2020) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-08-19 Techmodal

Bristol, United Kingdom

Techmodal Ltd. is a consultancy and technology company. Techmodal offers data-driven decision support by analysing customer data differently, uncovering new and valuable insight to support critical business decisions. Techmodal was established in 2005 and is based in Bristol, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-04 Pulse Power and Measurement

Wiltshire, United Kingdom

Pulse Power and Measurement Ltd. is design and manufacture of a wide range of radio frequency (RF) over fibre systems, which allow radio frequency signals to be transmitted over fibre optic cables. Pulse Power and Measurement is based in Wiltshire, United Kingdom.

Buy -