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Announced

HelpSystems to acquire GlobalSCAPE for $217m.

Financials

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Transaction Value£172m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales5.3x
EV/EBITDA12x
Share Price Premium16%
One Off Charge-

Tags

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Public

United States

Software

Merger

Pending

Acquisition

Friendly

software development

Majority

Single Bidder

Domestic

Synopsis

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HelpSystems, a provider of systems and network management, business intelligence, and security and compliance solutions, agreed to acquire GlobalSCAPE, a software developer headquartered in San Antonio, for $217m. "GlobalSCAPE's offerings are a great fit with HelpSystems' suite of security products. Our strength lies in moving mission-critical files both in and out of the cloud, coupled with our commitment to customer service and in helping organizations meet their cybersecurity and compliance needs. Joining HelpSystems solidifies and strengthens this promise," Robert Alpert, GlobalSCAPE CEO.

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