M&A Deal Summary

Axcient Acquires eFolder

On July 27, 2017, Axcient acquired internet software and services company eFolder

Acquisition Highlights
  • This is Axcient’s 1st transaction in the Internet Software and Services sector.
  • This is Axcient’s 1st transaction in the United States.
  • This is Axcient’s 1st transaction in Colorado.

M&A Deal Summary
Date 2017-07-27
Target eFolder
Sector Internet Software and Services
Buyer(s) Axcient
Deal Type Merger

Target

eFolder

Denver, Colorado, United States
eFolder is a provider of cloud data protection, business continuity, and cloud file sync solutions for MSPs, solution providers, and VARs. Delivered as wholesale services to the channel, eFolder enables its partners to provide branded data protection and file sync services and to generate highly profitable, recurring revenue. eFolder was founded in 2002 and is based in Denver, Colorado.

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Buyer(S) 1

Buyer

Axcient

Denver, Colorado, United States
Category Company
Founded 2002
Sector Software
DESCRIPTION

Axcient is a provider of Disaster Recover-as-a-Service (DRaaS) solutions that solves complicated technology problems with powerfully simple cloud solutions to enable businesses to run at their full potential. Axcient’s cloud-based disaster recovery and data protection platform empowers businesses of all sizes to operate with the resilience and agility of the enterprises while dramatically reducing data center footprint, complexity and cost. Axcient was founded in 2002 and is based in Denver, Colorado.

DEAL STATS #
Overall 1 of 1
Sector (Internet Software and Services) 1 of 1
Type (Merger) 1 of 1
State (Colorado) 1 of 1
Country (United States) 1 of 1
Year (2017) 1 of 1
Mergr

Product

Company

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