Strong IT Security Investment Banking Momentum

Tuesday, February 19, 2019

In the past 18 months, William Blair’s enterprise IT team has completed six high-profile transactions in the IT security and fraud ecosystem, representing nearly $3 billion of transaction value. Drawing on our deep industry knowledge and strong relationships with investors, we have provided our clients access to capital from the most relevant strategic acquirers and financial sponsors globally.

Recent transactions from William Blair's enterprise IT investment banking group:


Webroot has agreed to be acquired by Carbonite

Webroot

  • William Blair acted as exclusive financial advisor to Webroot, a leading provider of security solutions to consumers and small and medium businesses (SMBs), in connection with its pending acquisition by Carbonite.
  • Webroot provides the No. 1 security solution for managed service providers and small businesses, who rely on Webroot for endpoint protection, network protection, and security awareness training.
  • William Blair designed and managed a competitive, efficient process with a select group of financial and strategic acquirers, successfully positioning Webroot as the premier cybersecurity provider for consumers and SMBs. In particular, William Blair was able to focus buyers on Webroot's impressive growth in SMB and its unique expertise with managed service providers.

Verimatrix has agreed to be acquired by One Equity Partners

Verimatrix

  • William Blair acted as the exclusive financial advisor to Verimatrix, Inc. in connection with its pending sale to Inside Secure S.A. As part of the transaction, One Equity Partners Europe GMBH (OEP) will become a minority shareholder in Inside Secure and join its board of directors.
  • Verimatrix specializes in securing revenue for IP-based video services and connected devices around the world. It offers a connected content distribution platform, which leverages its award-winning security, analytics solutions, and unmatched partner ecosystem to reduce the costs and complexities associated with legacy content delivery workflows for premium video.

IDology has agreed to be acquired by GBGroup

IDology

  • William Blair acted as exclusive financial advisor to IDology, a leading provider of real-time, on-demand digital identity verification and fraud prevention solutions, in connection with its pending acquisition by GB Group.
  • IDology's Consortium Fraud Network amplifies real-time fraud intelligence between companies and across industries. A combination of machine learning and human intelligence work together to detect repeat transaction attempts across the network or flag specific attributes associated with known fraud.
  • William Blair's transaction team designed a comprehensive, global process to achieve management's goal of helping to create the world's first, global identify provider.

Beyond Trust has been acquired by Bomgar

BeyondTrust

  • William Blair acted as exclusive financial advisor to BeyondTrust, a portfolio company of Veritas Capital, in connection with its pending sale to Bomgar. William Blair also acted as exclusive financial advisor to Bomgar in connection with its April 2018 sale to Francisco Partners.
  • BeyondTrust Software Inc. is a global information security software company that helps organizations prevent cyberattacks and unauthorized data access due to privilege abuse. The company's solutions give clients the visibility to confidently reduce risks and the control to take proactive, informed action against data breach threats.
  • William Blair's transaction team designed a highly targeted and accelerated marketing process focused on BeyondTrust's most relevant acquirers.

Bomgar as been acquired by Francisco Partners

Bomgar

  • William Blair acted as exclusive financial advisor to Bomgar, a portfolio company of Thoma Bravo, in connection with its pending sale to Francisco Partners. William Blair also served as Bomgar's exclusive advisor in its 2016 sale from TA Associates to Thoma Bravo.
  • Bomgar's Secure Access solutions enable customers to easily support people, access and protect endpoints, and defend privileged credentials, to fight cyberthreats and speed business performance.
  • More than 13,000 organizations around the globe use Bomgar to deliver superior support services and reduce threats to valuable data and systems.

Nominum has been acquired by Akamai

Nominum

  • William Blair acted as the exclusive financial advisor to Nominum, Inc. in connection with its sale to Akamai Technologies, Inc.
  • Nominum is a global leader in internet security and services innovation. Serving more than 130 service providers in over 40 countries, Nominum delivers safe, customizable internet solutions and promotes greater value to over half a billion users.
  • The acquisition of Nominum is highly strategic for Akamai adding to Akamai's portfolio of security offerings while expanding Akamai's solutions and distribution to service providers.

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