M&A Deal Summary

Eliassen Acquires SafeNet

On October 2, 2023, Eliassen acquired information technology company SafeNet

Acquisition Highlights
  • This is Eliassen’s 3rd transaction in the Information Technology sector.
  • This is Eliassen’s 11th transaction in the United States.
  • This is Eliassen’s 1st transaction in Minnesota.

M&A Deal Summary
Date 2023-10-02
Target SafeNet
Sector Information Technology
Buyer(s) Eliassen
Deal Type Add-on Acquisition

Target

SafeNet

Minnetonka, Minnesota, United States
SafeNet is an IT Services company operating across the Midwest that delivers a broad set of technology capabilities on behalf of their clients, in a flexible model aligned to the clients’ needs. SafeNet was formed in 1994 and is based in Minnetonka, Minnesota.

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Buyer(S) 1

Buyer

Eliassen

Reading, Massachusetts, United States
Category Company
Founded 1989
Sector Staffing
DESCRIPTION

Eliassen is a provider of strategic talent solutions to drive our clients' innovation and business results. Eliassen serves over 400 corporate, financial institution, and government clients providing recruiting and HR support for medium and high-end technology positions. The company operates 21 offices with a leading market presence in New England, North Carolina, and Georgia. Eliassen was founded in 1989 and is based in Reading, Massachusetts.

DEAL STATS #
Overall 11 of 12
Sector (Information Technology) 3 of 3
Type (Add-on Acquisition) 11 of 12
State (Minnesota) 1 of 1
Country (United States) 11 of 12
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-08-18 Foothills Consulting Group

Burbank, California, United States

Foothills Consulting Group is an IT Services company delivering technology services along a value continuum from individual IT resource augmentation to full IT project outsourcing. Foothills Consulting Group was founded in 2004 and is based in Burbank, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-10-16 VIA Technical

San Diego, California, United States

VIA Technical is an IT talent services firm that specializes in connecting mid to senior-level technical talent with employers, focusing on fields such as applications, network and systems infrastructure, creative development, and design. VIA Technical was founded in 2009 and is based in San Diego, California.

Buy -
Mergr

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