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  6. Network Security Group Acquires Waytek

M&A Deal Summary

Network Security Group Acquires Waytek

On December 19, 2017, Network Security Group acquired information technology company Waytek

Acquisition Highlights
  • This is Network Security Group’s 1st transaction in the Information Technology sector.
  • This is Network Security Group’s 1st transaction in the United States.
  • This is Network Security Group’s 1st transaction in New Jersey.

M&A Deal Summary
Date 2017-12-19
Target Waytek
Sector Information Technology
Buyer(s) Network Security Group
Deal Type Add-on Acquisition

Target

Waytek

Cherry Hill, New Jersey, United States
Waytek is a managed IT service provider. Waytek offers compliance, cloud migration and licence management software services for healthcare, government and education sectors. Waytek was established in 1992 and is based in Cherry Hill, New Jersey.

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Buyer(S) 1

Buyer

Network Security Group

Marblehead, Massachusetts, United States
Category Company
Sector Information Technology
DESCRIPTION

Network Security Group, Inc. is a network security solutions provider focused on working with value-added resellers (VARs), small to midsize businesses, educational institutions, and government agencies.

DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: New Jersey M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2017 M&A 1 of 1
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