Archives: Transactions

Boston Meridian is pleased to announce the acquisition of Motiv by Atos. Motiv is the largest independent provider of managed security services in the Netherlands and boasts one of the world’s most mature SOCs. The Company’s expert incident responders, cybersecurity analysts, and threat intelligence analysts have deep experience working with state-of-the-art security tools to safeguard network, endpoint, cloud, and SaaS applications. Motiv’s Agile and DevSecOps principles help customers accelerate cybersecurity and digital transformation efforts.

“Motiv supports Atos’ digital security vision for a converged business-driven security paradigm, enabled by sovereign capability and customer intimacy, and made possible through its end-to-end security services. Motiv’s track record in growth, local expertise and reputation in the market will strengthen Atos’ teams in Northern Europe,” says Pierre Barnabe, Senior Executive Vice President, Head of Big Data & Cybersecurity at Atos.

“By joining forces with Atos, we accelerate our mission to support the secure digital transformation of our customers, unlocking the full potential of Atos’ global cybersecurity service and capabilities to our customers,” says Aksel Dorel, CEO of Motiv.

Boston Meridian is an innovative investment bank that provides M&A and capital raising advisory services to leading technology companies. We leverage senior partner expertise to unlock the strategic value of technology and achieve rapid and unparalleled results for our clients.

Boston Meridian is pleased to announce the acquisition of Perch Security by ConnectWise (a Thoma Bravo company). Perch Security provides the only MSP-designed SIEM in the industry, stripping away unnecessary complexity while providing the multi-tenant functionality MSPs need to support multiple SMB clients and easily capture data from the systems they are monitoring.

The acquisition of Perch Security establishes ConnectWise as the industry’s only platform with a comprehensive offering for today’s Technology Solution Provider – complete with business management, unified management and security management, including SOC and SIEM services. “We want to make cybersecurity less complex for TSPs by providing technology that makes it easy to collect, assess and respond to security data,” said Jason Magee, CEO, ConnectWise. “We are gaining extremely talented and innovative colleagues with a deep understanding of cybersecurity, and a laser focus on what their partners need to succeed.”

“It’s been extremely rewarding to see MSPs find the value in our offering and even more so to add functionality they told us they needed most: SIEM technology, integrations with the tools they use, and more. We’re very excited to join the ConnectWise family and work to solve the full set of security challenges MSPs struggle with,” said Aharon Chernin, CEO, Perch Security.

Boston Meridian is an innovative investment bank that provides M&A and capital raising advisory services to leading technology companies. We leverage senior partner expertise to unlock the strategic value of technology and achieve rapid and unparalleled results for our clients.

Boston Meridian is pleased to announce the acquisition of jSonar by Imperva (Thoma Bravo). jSonar quickly secures data stores no matter what kind (structured or unstructured) or where they live (cloud or on-premise) and provides a layer for estate-wide analytics and control. This dramatically simplifies the process of establishing policies for security, compliance and privacy.

The acquisition will pioneer a bold new approach to securing data through all paths, including on-premises, cloud, multi-cloud and Database-as-a-Service (DBaaS), delivering an integrated approach across data and applications. “This combination of two uniquely qualified trailblazers will signal a new approach to data security that puts an emphasis on usability and value with sustained and complete coverage for three initiatives organizations need to implement – security, compliance and privacy,” said Imperva Chief Executive, Pam Murphy.

As part of the deal, jSonar founder Ron Bennatan will join Imperva to lead its new data security division. “We’re excited to join forces with Imperva and accelerate our mission to modernize data security,” said Bennatan. The combination of jSonar and Imperva will form a large development organization dedicated to advancing data security, with many of jSonar’s capabilities being leveraged throughout the Imperva solution stack.

Boston Meridian is an innovative investment bank that provides M&A and capital raising advisory services to leading technology companies. We leverage senior partner expertise to unlock the strategic value of technology and achieve rapid and unparalleled results for our clients.

Boston Meridian is pleased to announce the acquisition of Integris Software by OneTrust. Integris is a leading data privacy automation vendor that discovers & identifies data, enforces data governance policies, and orchestrates remediation. Its market-leading data discovery and classification technology is powered by AI and helps companies manage personal information and meet compliance mandates such as the California Consumer Privacy Act (CCPA) and the General Data Protection Regulation (GDPR) in Europe.

“After evaluating dozens of discovery technologies, we identified Integris Software as having best in class technology and team that will combine with OneTrust to accelerate our innovation and benefit our customers,” OneTrust CEO Kabir Barday said in a statement. The integration of Integris Software brings over seven years of data discovery experience into the OneTrust platform, the largest and most widely used privacy, security, data governance, and compliance technology company today.

“Integris Software is excited to be a part of the OneTrust family and join the world’s leader in privacy, security, and governance,” Integris CEO Kristina Bergman said in a statement. The Integris Software technology is already integrated into OneTrust DataDiscovery™️ product allowing customers immediate access to these capabilities.

Boston Meridian is an innovative investment bank that provides M&A and capital raising advisory services to leading technology companies. We leverage senior partner expertise to unlock the strategic value of technology and achieve rapid and unparalleled results for our clients.

Boston Meridian is pleased to announce the Series B investment in Secure Code Warrior led by Goldman Sachs, with additional capital from ForgePoint Capital and Cisco Investments. This investment represents the largest ever US investment of its kind in an Australian cybersecurity business. Secure Code Warrior is a leading Application Security vendor that uses gamification techniques to train developers to write secure code. This reduces the risk of security breaches resulting from software vulnerabilities and the subsequent costs of remediation.

“The Digital Enterprise and Continuous Integration/Continuous Delivery are two major trends that are placing the application and the developer on the frontlines of the business. Secure Code Warrior helps organizations code more securely while allowing them to maintain productivity and delivery timelines,” said David Campbell, a Managing Director in Goldman Sachs’ Merchant Banking Division. Sean Cunningham, Managing Director at ForgePoint Capital added, “Secure Code Warrior solves a fundamental problem for organizations: teaching, measuring and improving secure coding skills during the development process.”

Boston Meridian is an innovative investment bank that provides M&A, capital raising, and investment advisory services to leading technology companies.  We leverage senior partner expertise to unlock the strategic value of technology and achieve rapid and unparalleled results for our clients.

Boston Meridian is pleased to announce the sale of RISC Networks to Flexera. RISC Networks’ cloud migration analytics platform speeds digital transformation. The SaaS-based analytics platform fully discovers IT infrastructure, automatically organizes the information into relevant business services, and prioritizes and costs the applications to be moved to the cloud.

“This acquisition enables us to help our customers chart the most efficient and effective path to the cloud, avoiding costly missteps that can set back their digital transformation,” said Jim Ryan, Flexera President and CEO. “It will allow our customers and partners to identify the best route forward. Adding RISC Networks to our portfolio will also help us build stronger relationships with cloud providers such as AWS, Microsoft Azure and Google Cloud, which will offer additional benefits when moving our customers to the cloud.”

RISC Networks’ ability to assess, prioritize, and price which on-premise workloads to move to the cloud is complementary to Flexera’s IT insights and spend optimization. The combined offering provides visibility into software, hardware, cloud assets, and business services.

Boston Meridian is an innovative investment bank that provides M&A and capital raising advisory services to leading technology companies. We leverage senior partner expertise to unlock the strategic value of technology and achieve rapid and unparalleled results for our clients.

Boston Meridian is pleased to announce the sale of NoPassword to LogMeIn. NoPassword’s pioneering solution is designed to provide Human & Hidden Multi-factor Authentication, intelligent Identity Governance & Management, and password-free Single Sign-On. With NoPassword, businesses can prevent cyber attacks and ensure user/employee privacy while maintaining ease of use and immediate access to applications.

NoPassword is the first SSO solution that does not store user credentials or biometrics on a centralized server. NoPassword performs continuous authentication and reduces the need for passwords, which are the source of 85% of cyber attacks. The solution uses factors such as device identity, location, time, and proximity to authenticate users. These hidden factors are authenticated behind the scene, which allows for a continuous and frictionless user experience. NoPassword’s use cases include online authorization, mobile login, Virtual Private Network, Internet of Things, and more.

Boston Meridian is an innovative investment bank that provides M&A and capital raising advisory services to leading technology companies. We leverage senior partner expertise to unlock the strategic value of technology and achieve rapid and unparalleled results for our clients.

Boston Meridian is pleased to announce the sale of SecurityMatters to ForeScout. SecurityMatters is a revolutionary network visibility and threat detection platform designed to monitor and protect critical infrastructure while enhancing the reliability of control systems. The product, SilentDefense, identifies state-sponsored cyber attacks and maintains a proprietary library of over 1,600 threat indicators specific to industrial control systems.

“After partnering with ForeScout for the last year, it became clear that we shared the same vision. Now as a single company, we will be able to accelerate our momentum and create the industry’s first capability to truly segment IT and OT environments,” said Damiano Bolzoni, founder and CEO, SecurityMatters.

“SecurityMatters’ technology and talent will accelerate our success in securing OT, expand our total addressable market and reinforce our solution as the industry’s only, end-to-end agentless device visibility and control platform,” said Michael DeCesare, CEO and President, ForeScout Technologies.

Boston Meridian is an innovative investment bank that provides M&A and capital raising advisory services to leading technology companies. We leverage senior partner expertise to unlock the strategic value of technology and achieve rapid and unparalleled results for our clients.

Boston Meridian is pleased to announce the sale of SS8 to HighBar Partners. SS8 is a leading provider of Lawful Intercept and Monitoring Center platforms. Their technology simplifies compliance for lawful intercept, correlates intelligence, and reconstructs communications to provide actionable insight on subjects of interest. BreachDetect, the enterprise offering, has alerting and network investigation capabilities to improve threat detection and reduce attacker dwell time.

“SS8 provides mission-critical solutions to some of the world’s most important organizations,” said John Kim, Co-Founder and Managing Partner at HighBar Partners. “Their longstanding relationships with Tier 1 Communication Service Providers and Lawful Enforcement Agencies are a testament to both SS8’s leadership and technical expertise.”

“SS8’s market is at a historic inflection point which is leading to numerous growth opportunities for our business: Lawful Intercept moving to Lawful Intelligence, Breach Detection moving to Holistic Threat Detection, and static analysis moving to dynamic machine-based analytics,” said Dennis Haar.

Boston Meridian is an innovative investment bank that provides M&A and capital raising advisory services to leading technology companies. We leverage senior partner expertise to unlock the strategic value of technology and achieve rapid and unparalleled results for our clients.