Add-on Acquisition • Information Technology

Rhodian Group Acquires Rigid Bits

On July 15, 2022, Rhodian Group acquired information technology company Rigid Bits

Acquisition Context

This is Rhodian Group’s 1st transaction in the Information Technology sector.
This is Rhodian Group’s 1st transaction in the United States.
This is Rhodian Group’s 1st transaction in Colorado.

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M&A Deal Summary
Date	July 15, 2022
Target	Rigid Bits
Sector	Information Technology
Buyer(s)	Rhodian Group
Deal Type	Add-on Acquisition

Target Company

Rigid Bits

Longmont, Colorado, United States

Rigid Bits is a cybersecurity firm that helps identify and reduce cybersecurity risks through services, technology, and consulting. The company works with Leadership and IT teams to help test and re-enforce existing controls and meet compliance requirements. Its unique experience across diverse industries enables it to help customers proactively plan for cyber-attacks, respond in times of need, and remain compliant. Rigid Bits is based in Longmont, Colorado.

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Buyer Overview 1

Buyer

Rhodian Group

Rosemont, Illinois, United States

Category	Company
Founded	2005
Sector	Information Technology

DESCRIPTION

Rhodian Group is a provider of cutting-edge managed IT and cybersecurity solutions focused on ensuring a compliant technology environment, to the insurance and professional services markets. Rhodian Group was founded in 2005 and is based in Rosemont, Illinois.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Information Technology	1 of 1
Type: Add-on Acquisition	1 of 1
State: Colorado	1 of 1
Country: United States	1 of 1
Year: 2022	1 of 1

PREVIOUS DEAL

DATE	TARGET	DEAL TYPE	VALUE
2015-05-19	ADAR - Facilities Infrastructure Division United States ADAR - Facilities Infrastructure Division is a provider o IT services.	Sell	-

DATE

TARGET

DEAL TYPE

VALUE

2015-05-19

ADAR - Facilities Infrastructure Division

United States

ADAR - Facilities Infrastructure Division is a provider o IT services.

Sell

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