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M&A Deal Summary

True North Solutions Acquires Security Division /Cornerstone Solutions/

On April 14, 2005, True North Solutions acquired safety/security company Security Division /Cornerstone Solutions/ from Cornerstone Solutions

Acquisition Highlights
  • This is True North Solutions’ 1st transaction in the Safety/Security sector.
  • This is True North Solutions’ 1st transaction in the United States.
  • This is True North Solutions’ 1st transaction in Indiana.

M&A Deal Summary
Date 2005-04-14
Target Security Division /Cornerstone Solutions/
Sector Safety/Security
Buyer(s) True North Solutions
Sellers(s) Cornerstone Solutions
Deal Type Divestiture

Target

Security Division /Cornerstone Solutions/

Fort Wayne, Indiana, United States
Cornerstone Solutions is a leading provider of supply chain and information security products and services based out of Fort Wayne, Indiana.

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Buyer(S) 1

Buyer

True North Solutions

Herndon, Virginia, United States
Category Company
Founded 2000
Sector Information Technology
DESCRIPTION

True North Solutions, Inc. provides information security solutions for businesses and government agencies in North America.

DEAL STATS #
Overall 1 of 1
Sector: Safety/Security M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Indiana M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2005 M&A 1 of 1

Seller(S) 1

SELLER

Cornerstone Solutions

Fort Wayne, Indiana, United States
Category Company
Founded 1997
Sector Business Services
DESCRIPTION

ornerstone Solutions, Inc. is a leading logistics consulting firm specializing in supply chain execution solutions.

DEAL STATS #
Overall 1 of 1
Sector: Safety/Security M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Indiana M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2005 M&A 1 of 1
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