Archives: Transactions

Boston Meridian is pleased to announce the sale of Camouflage Software to Imperva (NASDAQ: IMPV). Camouflage is the market leader in data masking, data security, and risk management solutions. Their technology transforms sensitive data in order to share it for application testing, development, research, and analysis, all while maintaining privacy protection. With Camouflage, organizations can discover where sensitive data resides, continuously monitor data access, and detect and contain breaches by identifying and blocking instances of data abuse. Their products minimize the number of places where sensitive data is stored, thus reducing cyber threat exposure and aiding in compliance with the myriad of data privacy regulation.

“Through our OEM agreement with Camouflage, we saw the value of their data security offerings and how it helped to provide Imperva customers with the flexibility to use data assets while minimizing the risk associated with exposing sensitive data,” said Mark Kraynak, senior vice president and general manager of enterprise solutions for Imperva. “We look forward to extending the Imperva solution to include data security functionality that can further protect against cyberattacks and help customers achieve greater regulatory compliance.”

Boston Meridian acted as sole financial advisor to Camouflage Software.

Boston Meridian is an innovative investment bank focused on providing leading M&A and capital raising advisory services to growth companies. We provide senior partner focus to achieve rapid and successful results for our clients, unlocking the strategic value of technology to yield unparalleled results.

Boston Meridian is pleased to announce the sale of Resilient Systems to IBM Corporation. Resilient Systems is a leading provider of security incident response solutions. Their platform allows security teams to analyze, respond to, and mitigate incidents faster, smarter and more efficiently. The platform integrates security technologies into a single hub and provides easy workflow customization and process automation. In conjunction with this acquisition, IBM has launched their new IBM X-Force Incidence Response Services to tap the knowledge of 3,000 consultants and security researchers.

“The combination of Resilient’s people – top thought leaders in the incident response marketplace – and their technology is a differentiating addition to our security business,” said Marc van Zadelhoff, General Manager, IBM Security. “Our investments in threat detection and prevention have helped us move into a leadership position in the security market. With Resilient, we’re expanding the capabilities we bring to customers, helping them manage the complexities in resolving security incidents, including the coordination of teams, best practices, and reporting.”

Boston Meridian acted as sole financial advisor to Resilient Systems.

Boston Meridian is an innovative investment bank focused on providing leading M&A and capital raising advisory services to growth companies. We provide senior partner focus to achieve rapid and successful results for our clients, unlocking the strategic value of technology to yield unparalleled results.

Boston Meridian is pleased to announce a strategic investment in StorageCraft Technology Corporation by TA Associates. StorageCraft is a leading provider of backup, disaster recovery, system migration, virtualization and data protection solutions for physical, virtual, and hybrid environments. StorageCraft’s integrated solution provides complete system and data protection for Windows and Linux platforms of service providers, enterprises, and SMBs. These solutions significantly reduce downtime, improve security and stability for systems and data, lower total cost of ownership, and ensure reliability. In connection with the investment, Matt Medeiros has joined StorageCraft as Chairman and CEO.

“We are excited about this investment and to welcome a highly credentialed technology executive like Matt to the company,” said Jonathan W. Meeks, a Managing Director at TA Associates who will join the StorageCraft Board of Directors. “With its award-winning business continuity and disaster recovery product suite, StorageCraft has had notable success, directly and indirectly serving over 10,000 MSPs. In keeping with TA’s long-established investment approach, we will collaborate closely with Matt and his team to further grow the company.”

Boston Meridian acted as sole financial advisor to StorageCraft.

Boston Meridian is an innovative investment bank focused on providing leading M&A and capital raising advisory services to growth companies. We provide senior partner focus to achieve rapid and successful results for our clients, unlocking the strategic value of technology to yield unparalleled results.

Boston Meridian is pleased to announce the sale of Fox-IT to NCC Group. Fox-IT is a leading provider of high-end cyber security solutions comprising cyber security products, managed security services, advanced threat intelligence, forensics and incident response, and professional services. Fox-IT is staffed by an elite team of highly technical cyber security experts with deep industry experience dedicated to maintaining the security of government, enterprise, critical infrastructure, retail, and financial services organizations. The Company is recognized as a leading provider of managed security services and contextual threat intelligence.

“Fox has an impressive reputation and brand with a high quality client base, including government security departments and global organisations. The business also has a range of complementary professional and managed services and products which we aim to distribute internationally,” said Rob Cotton, NCC Group CEO. “The addition of Fox, with its quality management team, 250 technical security experts and personnel and high assurance cryptology and forensics capabilities, enables us to take a further substantial step towards our aspiration of becoming the leading player in the expanding global cyber security market.”

Boston Meridian acted as sole financial advisor to Fox-IT.

Boston Meridian is an innovative investment bank focused on providing leading M&A and capital raising advisory services to growth companies. We provide senior partner focus to achieve rapid and successful results for our clients, unlocking the strategic value of technology to yield unparalleled results.

Boston Meridian is pleased to announce the sale of FusionX to Accenture. FusionX is a leading provider of advanced cyber security services including cyber attack simulation, threat modeling, cyber investigation, and security risk advisory services. FusionX’s fundamentally differentiated approach helps organizations redefine their strategy for defending against advanced cyber threats. The Company is staffed by an elite team of highly technical security experts and works with Fortune 100 organizations across financial services, critical infrastructure, technology, government, and manufacturing.

“Even companies that have strong cyber security leadership and make wise investments can still find themselves compromised by advanced cyber threats,” said Michael Salvino, group chief executive, Accenture Operations. “FusionX gives Accenture the critical ability to prepare our clients against the most advanced cyber adversaries. Accenture will continue to expand its advanced threat capabilities to help clients spot cyber security vulnerabilities, defend themselves against the most advanced cyber threats, and to respond to the inevitable breaches that do occur.”

Boston Meridian acted as sole financial advisor to FusionX.

Boston Meridian is an innovative investment bank focused on providing leading M&A and capital raising advisory services to growth companies. We provide senior partner focus to achieve rapid and successful results for our clients, unlocking the strategic value of technology to yield unparalleled results.

Boston Meridian is pleased to announce the sale of Perspecsys to Blue Coat Systems. Perspecsys is a leading provider of Cloud Data Protection solutions that help organizations protect sensitive information in the Cloud. The Perspecsys platform solves the key business risks and data protection requirements associated with data compliance, privacy and security for enterprises as they adopt Cloud applications. The Company is recognized as a leading provider of both tokenization and encryption, putting enterprises in complete control of their data at all times and effectively making the public Cloud private.

“Perspecsys has delivered an approach for encrypting and tokenizing data in the cloud that can actually be used in the real world by global customers, making it a disruptive force in the market and a great addition to Blue Coat,” said Greg Clark, Blue Coat CEO. “In summary, Perspecsys’ capability reduces corporate cyber-crime risk. Management of data at rest via tokenizing or encrypting is rapidly becoming a critical element of cyber defense for both corporate owned infrastructure and cloud applications.”

Boston Meridian acted as sole financial advisor to Perspecsys.

Boston Meridian is an innovative investment bank focused on providing leading M&A and capital raising advisory services to growth companies. We provide senior partner focus to achieve rapid and successful results for our clients, unlocking the strategic value of technology to yield unparalleled results.

Boston Meridian is pleased to announce a strategic investment in Simeio Solutions by Welsh, Carson, Anderson & Stowe. Simeio Solutions is a leading provider of end-to-end Identity and Access Management (“IAM”) solutions, including Identity-as-a-Service and Expert Managed Services. The Company is recognized as a leading IAM provider by industry analysts and provides a comprehensive IAM suite combining proprietary technology with industry-leading IAM products to deliver simplified user access to applications, improved security, and enhanced governance, risk and compliance across on-premise, Cloud, and hybrid technology environments.

“Simeio Solutions is uniquely positioned to capture the large and growing market for IAM solutions that has been created by the challenges of securing and managing increasingly complex, heterogeneous IT environments,” said Michael Donovan, a Welsh Carson General Partner. “Their highly differentiated solutions combined with a strong management team make Simeio an ideal platform for pursuing one of the fastest-growing segments of the global IT industry.“

Boston Meridian acted as sole financial advisor to Simeio Solutions.

Boston Meridian is an innovative investment bank focused on providing leading M&A and capital raising advisory services to growth companies. We provide senior partner focus to achieve rapid and successful results for our clients, unlocking the strategic value of technology to yield unparalleled results.

Boston Meridian is pleased to announce the sale of Vacation Home Rentals to TripAdvisor. Prior to the acquisition, Vacation Home Rentals was the largest independent vacation rental platform. The Company provides a platform for more than 14,000 online listings of vacation rentals for property owners and delivers affordable vacation rentals in all 50 states and in 89 countries for travelers. They are a top domain name in the industry with over 9 million visitors and 1 million guest property inquiries per year.

“We are thrilled to welcome Vacation Home Rentals to the TripAdvisor family,” said Dermot Halpin, TripAdvisor Vacation Rentals President. “The team delivers a great experience for both homeowners and travelers and the inventory is a valuable addition to our fast-growing business.”

Boston Meridian acted as sole financial advisor to Vacation Home Rentals.

Boston Meridian is an innovative investment bank focused on providing leading M&A and capital raising advisory services to growth companies. We provide senior partner focus to achieve rapid and successful results for our clients, unlocking the strategic value of technology to yield unparalleled results.

Boston Meridian is pleased to announce the sale of Industrial Defender to Lockheed Martin. Industrial Defender is a leading provider of cyber security solutions for control systems in the oil and gas, utility and chemical industries. The company’s solutions, including Industrial Defender Automation Systems Manager™, help protect and manage critical infrastructure by reducing cyber risks, easing regulatory compliance and enhancing the efficiency of customers’ control environments. More than 400 companies in 25 countries rely on Industrial Defender’s solutions to monitor, manage and protect their operations.

“Industrial Defender’s expertise in cyber security for critical infrastructure is a natural extension of our commercial cyber security business,” said Marillyn Hewson, Lockheed Martin Chairman, President and CEO. “Their experience in addressing cyber threats to industrial control systems complements our information technology cyber security expertise and strengthens the value we deliver to our customers.”

Boston Meridian acted as sole financial advisor to Industrial Defender.

Boston Meridian is an innovative investment bank focused on providing leading M&A and capital raising advisory services to growth companies. We provide senior partner focus to achieve rapid and successful results for our clients, unlocking the strategic value of technology to yield unparalleled results.