M&A Deal Summary

Avast Acquires AVG Technologies N.V.

On July 7, 2016, Avast acquired internet software and services company AVG Technologies N.V. for 1.3B USD

Acquisition Highlights
  • This is Avast’s 4th transaction in the Internet Software and Services sector.
  • This is Avast’s largest (disclosed) transaction.
  • This is Avast’s 1st transaction in the Netherlands.

M&A Deal Summary
Date 2016-07-07
Target AVG Technologies N.V.
Sector Internet Software and Services
Buyer(s) Avast
Deal Type Add-on Acquisition
Deal Value 1.3B USD
Advisor(s) Morgan Stanley
Bridge Street Advisors LLC (Financial)
Orrick
Allen & Overy (Legal)

Target

AVG Technologies N.V.

Amsterdam, Netherlands
AVG Technologies N.V. is a provider of software services to secure devices, data and people. AVG’s award-winning consumer portfolio includes internet security, performance optimization, location services, data controls and insights, and privacy and identity protection, for mobile devices and desktops. The award-winning AVG Business portfolio, delivered through a global partner network, provides cloud security and remote monitoring and management (RMM) solutions that protect small and medium businesses around the world.

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Buyer(S) 1

Buyer

Avast

Prague, Czech Republic
Category Company
Founded 1988
Sector Software
Revenue 893M USD (2020)
DESCRIPTION

Avast develops avast! Free Antivirus, a free full-featured computer security application that protects more than 150 million registered users around the world from online threats. The company’s products are distributed globally through a unique ‘freemium’ business model. Avast was formed in1988 and is based in Prague, Czech Republic.

DEAL STATS #
Overall 5 of 8
Sector (Internet Software and Services) 4 of 4
Type (Add-on Acquisition) 5 of 8
Country (Netherlands) 1 of 1
Year (2016) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-07-08 Remotium

San Mateo, California, United States

Remotium, Inc. is a provider of mobile virtualization, enabling secure, cost-effective, manageable access to enterprise applications from any mobile device.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-07-19 Piriform Software

London, United Kingdom

Piriform is one of the largest providers of PC and mobile optimization software in the world, founded and based in London, UK. Their flagship product is the popular CCleaner, used by 130 million people, including 15 million Android users.

Buy -
Mergr

Product

Company

Legal