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New Deal


Announced

Completed

Secure-24 Intermediate completes the acquisition of Symmetry.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

United States

SAP managed services

Digital Services

Acquisition

Natural

Single Bidder

Majority

Completed

Synopsis

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Secure-24 Intermediate, a critical application hosting, comprehensive managed IT, and cloud services provider has completed the acquisition of Symmetry, complex SAP implementations manager. Financial terms were not disclosed. With the acquisition, Symmetry clients now have access to the industry’s most comprehensive managed services, vast global resources, and innovative solutions beyond SAP technologies, including application hosting services for Oracle, custom applications, and multi-cloud managed services. “The acquisition of Symmetry allows us to strengthen the comprehensive managed services we provide to our customers while opening doors to new opportunities. With the combined expertise of both companies and Symmetry’s extensive portfolio of managed SAP services, we are now in a position to deliver greater value to our customers around the world.” Mike BeDell, Secure-24 CEO.

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