Add-on Acquisition • Internet Software and Services

Neverfail Acquires Vertiscale

On August 1, 2016, Neverfail acquired internet software and services company Vertiscale

Acquisition Context
  • This is Neverfail’s 1st transaction in the Internet Software and Services sector.
  • This is Neverfail’s 1st transaction in the United States.
  • This is Neverfail’s 1st transaction in Texas.

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M&A Deal Summary

Date August 1, 2016
Target Vertiscale
Sector Internet Software and Services
Buyer(s) Neverfail
Deal Type Add-on Acquisition

Target Company

Vertiscale

Austin, Texas, United States
Vertiscale, Inc. is a developer of Workspace-as-a-Service (WaaS) technology for managed service providers (MSPs).
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Buyer Overview 1

Buyer

Neverfail

Austin, Texas, United States

Category Company
Sector Internet Software and Services
DESCRIPTION

Neverfail is a provider of cloud management software and enterprise-class Infrastructure-as-a-Service enabling customers to design, migrate, and manage business-critical solutions and applications in the cloud.


Deal Context for Buyer #
Overall 2 of 2
Sector: Internet Software and Services 1 of 1
Type: Add-on Acquisition 2 of 2
State: Texas 1 of 1
Country: United States 1 of 1
Year: 2016 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-04-28 Neverfail Group

Reading, United Kingdom

Neverfail Group Ltd. is a provider of business continuity and application dependency / service mapping software.

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