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  6. NeoNova Network Services Acquires SecurityCoverage

M&A Deal Summary

NeoNova Network Services Acquires SecurityCoverage

On April 2, 2019, NeoNova Network Services acquired software company SecurityCoverage

Acquisition Highlights
  • This is NeoNova Network Services’ 1st transaction in the Software sector.
  • This is NeoNova Network Services’ 2nd transaction in the United States.
  • This is NeoNova Network Services’ 1st transaction in Iowa.

M&A Deal Summary
Date 2019-04-02
Target SecurityCoverage
Sector Software
Buyer(s) NeoNova Network Services
Deal Type Add-on Acquisition

Target

SecurityCoverage

Cedar Rapids, Iowa, United States
SecurityCoverage, Inc. is a provider of 24/7/365 help desk, premium technical support, cybersecurity solutions and ancillary services for telecom, cable and broadband providers serving rural America. SecurityCoverage, Inc. was founded in 2003 and is based in Cedar Rapids, Iowa.

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Buyer(S) 1

Buyer

NeoNova Network Services

Morrisville, North Carolina, United States
Category Company
Founded 1994
Sector Internet Software and Services
DESCRIPTION

NeoNova is a nationwide provider of ISP, ISP back office services, as well as a leading provider of VoIP, IP Engineering, and IPTV integration and managed services.

DEAL STATS #
Overall 2 of 2
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
State: Iowa M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2019 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-05-04 API Digital Communications Group

Huntsville, Alabama, United States

API Digital Communications Group LLC is a networking communications and managed IT services provider. API Digital Communications Group LLC was established in 1999 and is headquartered in Huntsville, Alabama.

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