M&A Deal Summary

Cooperative Systems Acquires Fandotech

On September 17, 2020, Cooperative Systems acquired internet software and services company Fandotech from Industrial Defender

Acquisition Highlights
  • This is Cooperative Systems’ 1st transaction in the Internet Software and Services sector.
  • This is Cooperative Systems’ 1st transaction in the United States.
  • This is Cooperative Systems’ 1st transaction in Connecticut.

M&A Deal Summary

Date 2020-09-17
Target Fandotech
Sector Internet Software and Services
Buyer(s) Cooperative Systems
Sellers(s) Industrial Defender
Deal Type Divestiture

Target

Fandotech

Manchester, Connecticut, United States
Fandotech is a cloud infrastructure provider. Fandotech is based in Manchester, Connecticut.

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Buyer(S) 1

Buyer

Cooperative Systems

Windsor, Connecticut, United States

Category Company
Founded 1993
Sector Information Technology
DESCRIPTION

Cooperative Systems is a managed technology services provider. Cooperative Systems was founded in 1993 and is based in Windsor, Connecticut.


DEAL STATS #
Overall 1 of 1
Sector (Internet Software and Services) 1 of 1
Type (Divestiture) 1 of 1
State (Connecticut) 1 of 1
Country (United States) 1 of 1
Year (2020) 1 of 1

Seller(S) 1

SELLER

Industrial Defender

Foxborough, Massachusetts, United States

Category Company
Sector Information Technology
DESCRIPTION

Industrial Defende provides a fully automated solution to discover, track and report on assets across your ICS footprint. Industrial Defender ASM is a management platform designed to address the overlapping requirements of cybersecurity, compliance, and change management for Industrial Control Systems (ICS). A “single pane of glass” that provides asset visibility, vulnerability monitoring, tracking, configuration, policy control, and reporting for industrial endpoints from multiple vendors. Industrial Defender is based in Foxborough, Massachusetts.


DEAL STATS #
Overall 1 of 1
Sector (Internet Software and Services) 1 of 1
Type (Divestiture) 1 of 1
State (Connecticut) 1 of 1
Country (United States) 1 of 1
Year (2020) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-07-09 Fandotech

Manchester, Connecticut, United States

Fandotech is a cloud infrastructure provider. Fandotech is based in Manchester, Connecticut.

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