M&A Deal Summary

Raxis Acquires Boscloner

On July 8, 2021, Raxis acquired information technology company Boscloner

Acquisition Highlights
  • This is Raxis’ 1st transaction in the Information Technology sector.
  • This is Raxis’ 1st transaction in the United States.
  • This is Raxis’ 1st transaction in Texas.

M&A Deal Summary

Date 2021-07-08
Target Boscloner
Sector Information Technology
Buyer(s) Raxis
Deal Type Add-on Acquisition

Target

Boscloner

Frisco, Texas, United States
Boscloner produces advanced publicly available technology for remotely capturing and cloning electronic security badge data. Boscloner's products enable penetration testers, security personnel, and law enforcement to access keycard-protected rooms and buildings without authorization and without arousing suspicion from onsite staff. Boscloner was formed in 2014 and is based in Frisco, Texas.

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Buyer(S) 1

Buyer

Raxis

Atlanta, Georgia, United States

Category Company
Founded 2011
Sector Information Technology
DESCRIPTION

Raxis is a team of penetration testers with a track record of infiltrating corporations around the world. Service offerings include penetration testing, risk assessments, incident response, and social engineering services. Raxis was formed in 2011 and is based in Atlanta, Georgia.


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: Texas M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2021 M&A 1 of 1