M&A Deal Summary

SilverSky Acquires Cybraics

On April 5, 2022, SilverSky acquired information technology company Cybraics from Flexis Capital

Acquisition Highlights
  • This is SilverSky’s 3rd transaction in the Information Technology sector.
  • This is SilverSky’s 4th transaction in the United States.
  • This is SilverSky’s 1st transaction in Florida.

M&A Deal Summary

Date 2022-04-05
Target Cybraics
Sector Information Technology
Buyer(s) SilverSky
Sellers(s) Flexis Capital
Deal Type Add-on Acquisition

Target

Cybraics

Fort Lauderdale, Florida, United States
Cybraics provides non-signature-based cybersecurity analytics-as-a-service to commercial enterprises, intelligence community, and federal organizations by identifying outlier behavior within their users’ networks. Cybraics was found in 2014 and is based in Fort Lauderdale, Florida.

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Buyer(S) 1

Buyer

SilverSky

Morrisville, North Carolina, United States

Category Company
Founded 1997
Sector Information Technology
DESCRIPTION

SilverSky provides comprehensive commercial cyber security services focused on organizations with strict security and compliance requirements such as banks, credit unions and other financial institutions. The Company also has a solid presence in other security-aware markets such as healthcare and insurance. SilverSky was founded in 1997 and is based in Morrisville, North Carolina.


DEAL STATS #
Overall 4 of 4
Sector: Information Technology M&A 3 of 3
Type: Add-on Acquisition M&A Deals 4 of 4
State: Florida M&A 1 of 1
Country: United States M&A 4 of 4
Year: 2022 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-10 Cygilant

Burlington, Massachusetts, United States

Cygilant operates a security operation center to boast some of the world’s most notable Ph.D.-level talent focused on cybersecurity, advanced networks, and data science. The addition of Cygilant’s UK-based delivery center complements the current SilverSky footprint in Asia and North America while expanding SilverSky’s access to European markets. Cygilant was formed in 2001 and is based in Burlington, Massachusetts.

Buy -

Seller(S) 1

SELLER

Flexis Capital

Miami, Florida, United States

Investor Investor Investor


Category Private Equity Firm
Founded 2009
Size Small
Type Sector Agnostic
DESCRIPTION

Flexis Capital is a private equity firm that invests in middle market private and public companies located in North America and Europe. The Firm looks to invests $50 to $500 million per transaction. It looks to pursue both minorities as well as control investments in portfolio business. The Firm target companies operating in the fields of media, communications, information services, and consumer and general industrial sectors. Flexis Capital was founded in 2009 and is based in New York City.


DEAL STATS #
Overall 2 of 3
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Florida M&A 1 of 1
Country: United States M&A 2 of 3
Year: 2022 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-01 Total Outdoor

New York, New York, United States

Total Outdoor is an out-of-home advertising company, which operates, develops and acquires digital and static billboards. Total Outdoor was founded in 2011 and is based in New York, New York.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-04-11 Hylan

Holmdel, New Jersey, United States

Hylan is a provider of specialized engineering and construction solutions to communications and data infrastructure industries. The company performs complex work, often in dense, underground environments, for market-cap leading communications clients with a focus on attractive telecom markets. Hylan was founded in 1960 and is based in Holmdel, New Jersey.

Sell -