Announced
Completed
Synopsis
TZP Group, a multi-strategy private equity firm, completed the acquisition of Awareness Technologies, a provider of security, monitoring, productivity and analytics software solutions for businesses and consumers. Financial terms were not disclosed. "Awareness Technologies sits at the intersection of two strong trends that we have been tracking. We believe that trends toward increased remote work and work-from-home will continue even after the Pandemic resolves and that businesses will seek solutions to help monitor productivity and ensure security amongst a remote workforce. On the consumer front, as the number of devices in the home continues to rise, ATI's products offer a one-stop solution for parents to monitor their kids across multiple platforms," Dan Gaspar, TZP Partner.
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