Divestiture • Software

Datavalet Acquires SecurEdge Networks - Managed Services Division

On November 4, 2021, Datavalet acquired software company SecurEdge Networks - Managed Services Division from SecurEdge Networks

Acquisition Context
  • This is Datavalet’s 1st transaction in the Software sector.
  • This is Datavalet’s 1st transaction in the United States.
  • This is Datavalet’s 1st transaction in North Carolina.

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M&A Deal Summary

Date November 4, 2021
Target SecurEdge Networks - Managed Services Division
Sector Software
Buyer(s) Datavalet
Sellers(s) SecurEdge Networks
Deal Type Divestiture

Target Company

SecurEdge Networks - Managed Services Division

Charlotte, North Carolina, United States
SecurEdge Networks' Managed Services Division provides a platform that enables businesses to consume enterprise-grade networking as a utility
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Buyer Overview 1

Buyer

Datavalet

Montreal, Quebec, Canada

Category Company
Founded 1998
Sector Internet Software and Services
DESCRIPTION

Datavalet is a managed networks and SaaS provider for large and multi-location businesses. It is a single responsive point of contact supporting over 10,000 customer locations across all industry sectors. Its end-to-end services meet managed branch and campus network needs, allowing customers to concentrate on their core business. Datavalet was founded in 1998 and is based in Montreal, Quebec.


Deal Context for Buyer #
Overall 1 of 1
Sector: Software 1 of 1
Type: Divestiture 1 of 1
State: North Carolina 1 of 1
Country: United States 1 of 1
Year: 2021 1 of 1

Seller Profile 1

SELLER

SecurEdge Networks

Charlotte, North Carolina, United States

Category Company
Founded 2006
Sector Software
DESCRIPTION

SecurEdge Networks is a Network as a Service platform that enables businesses to consume enterprise-grade networking as a utility. SecurEdge orchestrates network subscriptions including equipment, licensing, professional services, managed services, internet access, and apps—all in one platform. SecurEdge Networks was founded in 2006 and is based in Charlotte, North Carolina.


Deal Context for Seller #
Overall 1 of 1
Sector: Software 1 of 1
Type: Divestiture 1 of 1
State: North Carolina 1 of 1
Country: United States 1 of 1
Year: 2021 1 of 1