M&A Deal Summary |
|
|---|---|
| Date | 2007-02-01 |
| Target | Secure Software |
| Sector | Software |
| Buyer(s) | Fortify Software |
| Sellers(s) | Updata Partners |
| Deal Type | Add-on Acquisition |
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Fortify's Software Security Assurance products and services protect companies from the threats posed by security flaws in business-critical software applications.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Software M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 1 of 1 |
| State: Virginia M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2007 M&A | 1 of 1 |
| Category | Growth Capital Firm |
|---|---|
| Founded | 1998 |
| PE ASSETS | 1.5B USD |
| Size | Large |
| Type | Sector Focused |
Updata Partners is the investment affiliate of Updata Advisors, an East Coast US based investment bank. Updata Partners looks to invest in growth oriented information technology businesses from early-stage to buyout, with revenues up to $50 million. Updata Partners typically invests between $15 and $150 million as a lead or co-lead investor. Within information technology, Updata has specific interest in; infrastructure software, physical and digital security, storage software, educational software, internet and interactive technology, media and wireless infrastructure and services, financial technology software, retail technology, business intelligence, subscription-based and on-demand information services, and business services. Updata Partners was formed in 1998 and is based in Washington DC.
| DEAL STATS | # |
|---|---|
| Overall | 7 of 46 |
| Sector: Software M&A | 4 of 21 |
| Type: Add-on Acquisition M&A Deals | 5 of 33 |
| State: Virginia M&A | 2 of 7 |
| Country: United States M&A | 7 of 42 |
| Year: 2007 M&A | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2006-12-22 |
Harmony Information Systems
Reston, Virginia, United States Harmony Information Systems Inc. is a provider of Web-based, business process and case management software solutions for the human services industry. HarmonyIS developed and markets Harmony, a Web-based, enterprise framework suite of software applications for information management in the human services field. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-03-01 |
Softek Storage Solutions
Vienna, Virginia, United States Softek Storage Solutions Corp. is a developer of software that reduces the risks, costs, and complexities of managing data storage in multi-vendor mainframe and open system environments. |
Sell | - |
