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  5. Blancco Technology Group Acquires SafeIT Security AB

M&A Deal Summary

Blancco Technology Group Acquires SafeIT Security AB

On September 23, 2014, Blancco Technology Group acquired software company SafeIT Security AB

Acquisition Highlights
  • This is Blancco Technology Group’s 2nd transaction in the Software sector.
  • This is Blancco Technology Group’s 2nd transaction in Sweden.

M&A Deal Summary
Date 2014-09-23
Target SafeIT Security AB
Sector Software
Buyer(s) Blancco Technology Group
Deal Type Add-on Acquisition

Target

SafeIT Security AB

Stockholm, Sweden
SafeIT Security AB is a provider of technology for managed data erasure in live storage environments.

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Buyer(S) 1

Buyer

Blancco Technology Group

Bishop's Stortford, United Kingdom
Category Company
Founded 1997
Sector Consumer Services
Employees300
Revenue 40M GBP (2022)
DESCRIPTION

Blancco Technology Group provides after-sales services for consumer technology companies worldwide. Blancco Technology Group was founded in 1997 and is based in Bishop's Stortford, the United Kingdom.

DEAL STATS #
Overall 7 of 7
Sector: Software M&A 2 of 2
Type: Add-on Acquisition M&A Deals 6 of 6
Country: Sweden M&A 2 of 2
Year: 2014 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-04-17 Blancco Oy

Joensuu, Finland

Blancco Oy Ltd. is a provider of mobile device diagnostics and secure data erasure solutions.

Buy €60M
Mergr

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