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  6. Fortra Acquires FileCatalyst

M&A Deal Summary

Fortra Acquires FileCatalyst

On January 4, 2021, Fortra acquired software company FileCatalyst

Acquisition Highlights
  • This is Fortra’s 13th transaction in the Software sector.
  • This is Fortra’s 2nd transaction in Canada.
  • This is Fortra’s 2nd transaction in Ontario.

M&A Deal Summary
Date 2021-01-04
Target FileCatalyst
Sector Software
Buyer(s) Fortra
Deal Type Add-on Acquisition

Target

FileCatalyst

Ottawa, Ontario, Canada
FileCatalyst provides software-based solutions designed to accelerate and optimize file transfers across global networks. Being immune to packet loss and latency, FileCatalyst can send files much faster than methods such as FTP, HTTP or CIFS, while adding security and reliability. FileCatalyst was founded in 2000 and is based in Ottawa, Ontario.

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Buyer(S) 1

Buyer

Fortra

Eden Prairie, Minnesota, United States
Category Company
Founded 1982
Sector Information Technology
DESCRIPTION

Fortra provides security, systems and network management, automation, business intelligence and compliance solutions. The Company’s software and services monitor and automate processes, encrypt and secure data, and provide access to the information that large organizations need every day. Fortra was founded in 1982 and is based in Eden Prairie, Minnesota.

DEAL STATS #
Overall 17 of 27
Sector: Software M&A 13 of 15
Type: Add-on Acquisition M&A Deals 13 of 21
State: Ontario M&A 2 of 2
Country: Canada M&A 2 of 3
Year: 2021 M&A 1 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-23 VERA Security

Palo Alto, California, United States

Vera is the data-centric security solution leader enabling businesses of all sizes to secure, track, and share any kind of data, no matter where it's stored or located. With robust policy enforcement, strong encryption, and strict access controls, Vera's data-centric security solution enables employees to collaborate freely while ensuring a high level of security, visibility, and control. VERA Security was founded in 2014 and is based in Palo Alto, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-02-03 Digital Defense

San Antonio, Texas, United States

Digital Defense, Inc. is a provider in vulnerability management and threat assessment solutions. Digital Defense's cloud-native vulnerability scanning engine gives organizations in healthcare, legal, financial services, and other industries the ability to proactively detect infrastructure security gaps and take effective remediation steps to safeguard against internal and external cyberthreats. Digital Defense was founded in 1999 and is based in San Antonio, Texas.

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