Add-on Acquisition • Internet Software and Services

SilverSky Acquires Managed Security Services Business - StillSecure

On June 18, 2013, SilverSky acquired internet software and services company Managed Security Services Business - StillSecure from Latis Networks

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

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M&A Deal Summary

Date June 18, 2013
Target Managed Security Services Business - StillSecure
Sector Internet Software and Services
Buyer(s) SilverSky
Sellers(s) Latis Networks
Deal Type Add-on Acquisition

Target Company

Managed Security Services Business - StillSecure

United States
Managed Security Services is a provider of cloud email and email security solutions.
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Buyer Overview 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 Context for Buyer #
Overall 1 of 4
Sector: Internet Software and Services 1 of 1
Type: Add-on Acquisition 1 of 4
Country: United States 1 of 4
Year: 2013 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-09 ACSG

Mount Laurel, New Jersey, United States

ACSG is involved in deploying technology and cybersecurity solutions to educational institutions, including both K-12 and higher education, as well as government municipalities, private industry organizations, and small businesses for more than twelve years. ACSG was formed in 2009 and is based in Mount Laurel, New Jersey.

Buy -

Seller Profile 1

SELLER

Latis Networks

Superior, Colorado, United States

Category Company
Founded 2000
Sector Internet Software and Services
DESCRIPTION

StillSecure, is a managed security services and certified compliance provider.


Deal Context for Seller #
Overall 1 of 1
Sector: Internet Software and Services 1 of 1
Type: Add-on Acquisition 1 of 1
Country: United States 1 of 1
Year: 2013 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-02-09 ProtectPoint Security

Fort Lauderdale, Florida, United States

ProtectPoint Security, Inc. is a provider of managed security software services.

Buy -