Investment Summary

Synetro Group Exits Promisec

On January 1, 2018, invested in software company Promisec from Synetro Group

Investment Highlights
  • This is transaction in the Software sector.
  • This is transaction in Israel.

Investment Summary

Date 2018-01-01
Target Promisec
Sector Software
Sellers(s) Synetro Group
Deal Type Trade Sale - Public Company

Target

Promisec

Tel Aviv, Israel
Promisec is a software security company, that focuses on improving enterprise security and compliance, and reducing IT operations costs through agentless device configuration monitoring, optimization and remote issue remediation. Promisec was founded in 2004 and is based in Tel Aviv, Israel.

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Seller(S) 1

SELLER

Synetro Group

Chicago, Illinois, United States

Investor Investor Investor Investor


Category Venture Capital Firm
Founded 2000
Size Small
Type Sector Agnostic
DESCRIPTION

Synetro Group is a private investment and strategic advisory firm focused on early stage venture investments as well as acquisitions of mature companies. For its mature investment practice, Synetro targets businesses in the manufacturing, software, and business services sectors with up to $75 million of revenue. Synetro Group was formed in 2000 and is based in Chicago, Illinois.


DEAL STATS #
Overall 5 of 5
Sector: Software M&A 1 of 1
Type: M&A Deals 1 of 1
Country: Israel M&A 1 of 1
Year: 2018 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-11-01 Corporate Synergies

Camden, New Jersey, United States

Corporate Synergies is an independent Employee Benefits and Property and Casualty insurance broker and consulting firm with a strong footprint in the Northeast and Mid-Atlantic regions. Corporate Synergies was founded in 2003 and is based in Camden, New Jersey.

Sell -