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New Deal


Announced

Completed

Matrix42 completed the acquisition of FireScope.

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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Majority

Friendly

Acquisition

predictive analytics

Completed

performance management

business analytics

Software

United States

IT operations management

Private

Single Bidder

Cross Border

Synopsis

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Matrix42, a provider of digital workspace management solutions completed the acquisition of FireScope, an enterprise asset discovery and monitoring marketplace. Financial terms were not disclosed. This acquisition will result in creating one powerful provider of secure, cloud-based digital work environments for the global workforce. It will also bolster Matrix42’s entry into the US market, as well as expanding opportunities for FireScope’s solutions throughout the EMEA region. “We are honored to join forces with Matrix42 to combine asset intelligence, IT service management, and security solutions in order to advance the global digital workplace in the current business climate. During the ongoing pandemic, a high level of transparency and security regarding the business device and application landscape is very important to enable better use and secure management of workstations at home," Steven Cotton, FireScope CEO.

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