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New Deal


Announced

EnerTech Capital-backed IPKeys Power Partners to acquire N-Dimension.

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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Software

Pending

cybersecurity

Majority

Private

Friendly

Acquisition

Single Bidder

Canada

Private Equity

Synopsis

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EnerTech Capital-backed IPKeys Power Partners, a provider of integrated technology solutions for intelligent utilities and smart cities, agreed to acquire N-Dimension Solutions, the public power sector company in cybersecurity monitoring with over 100 utilities served. Ontario based N-Dimension will merge into the IPKeys platform while continuing to serve current customers. Financial terms were not disclosed. "The integration of N-Dimension into our CLaaS platform enables IPKeys to provide customers with a more robust and comprehensive cybersecurity solution. The investment by EnerTech is especially advantageous because of their proven ability to also provide strategic support and exposure to their influential network of strategic partners," Robert Nawy, IPKeys CEO.

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