M&A Deal Summary |
|
|---|---|
| Date | 2023-11-07 |
| Target | ActiveState Software |
| Sector | Software |
| Buyer(s) | VERTU Capital |
| Sellers(s) | Sophos |
| Deal Type | Divestiture |
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VERTU Capital is a private investment firm focused on acquiring and investing in Canadian technology companies. VERTU targets established B2B companies with at least $20 million in revenue and enterprise values ranging from $75 to $250 million. VERTU Capital was formed in 2016 and is headquartered in Toronto.
| DEAL STATS | # |
|---|---|
| Overall | 5 of 6 |
| Sector (Software) | 1 of 2 |
| Type (Divestiture) | 1 of 1 |
| State (British Columbia) | 1 of 1 |
| Country (Canada) | 4 of 5 |
| Year (2023) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-11-08 |
PathFactory
Toronto, Ontario, Canada PathFactory is a provider of an intelligent content platform for B2B digital marketing. PathFactory was founded in 2012 and is based in Toronto, Ontario. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-09-24 |
LumiQ
Toronto, Ontario, Canada LumiQ is a podcast platform where engaging conversations with business leaders count as accredited learning for designated accounting and finance professionals. Course instructors include business leaders from companies such as Nike, Yahoo!, Google, and Microsoft; along with NYT best-selling authors and industry thought leaders. LumiQ is based in Toronto, Ontario. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 1985 |
| Sector | Information Technology |
| Employees | 3,381 |
| Revenue | 711M GBP (2019) |
Sophos is a provider of information technology security and data protection solutions. Sophos' cloud-native and AI-enhanced solutions secure endpoints (laptops, servers and mobile devices) and networks against evolving cybercriminal tactics and techniques, including automated and active-adversary breaches, ransomware, malware, exploits, data exfiltration, phishing, and more. Sophos was founded in 1985 and is based in Abingdon, United Kingdom.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Software) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| State (British Columbia) | 1 of 1 |
| Country (Canada) | 1 of 1 |
| Year (2023) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-07-22 |
Braintrace
Salt Lake City, Utah, United States Braintrace is a sole-source security provider providing cutting-edge information security and IT services, Braintrace has vast experience in advising customers in broad areas of security-related business risks, including government compliance and regulatory issues. Braintrace is based in Salt Lake City, Utah. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-10-21 |
SecureWorks
Atlanta, Georgia, United States SecureWorks is a provider of information security services, with over 2,600 clients worldwide spanning North America, Latin America, Europe, the Middle East and the Pacific Rim. Organizations of all sizes, including more than ten percent of the Fortune 500, rely on SecureWorks to protect their assets, improve compliance and reduce costs. SecureWorks was founded in 1999 and is based in Atlanta, Georgia. |
Buy | $859M |
