M&A Deal Summary

Cast Acquires iStorage

On November 7, 2024, Cast acquired technology hardware company iStorage

Acquisition Highlights
  • This is Cast’s 1st transaction in the Technology Hardware sector.
  • This is Cast’s 1st transaction in the United Kingdom.

M&A Deal Summary
Date 2024-11-07
Target iStorage
Sector Technology Hardware
Buyer(s) Cast
Deal Type Add-on Acquisition

Target

iStorage

London, United Kingdom
iStorage offers a range of products to securely encrypt, store and protect data to military standards, safeguarding valuable and sensitive data to ensure compliance with stringent regulations and directives such as GDPR, HIPAA, SOX, NRC, GLB, and DHS Initiatives. iStorage was founded in 2009 and is based in London, United Kingdom.

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Buyer(S) 1

Buyer

Cast

Stockholm, Sweden
Category Company
Founded 2024
Sector Business Services
DESCRIPTION

Cast build's a group of like-minded companies within data protection, storage, servers and reliable communication. Cast was founded in 2024 and is based in Stockholm, Sweden.

DEAL STATS #
Overall 1 of 1
Sector (Technology Hardware) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (United Kingdom) 1 of 1
Year (2024) 1 of 1
Mergr

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