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Announced

Sysnet Global Solutions completed the acquisition of NuArx from One Equity Partners.

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

United States

Cross Border

Digital Services

Completed

Private

Single Bidder

Private Equity

Acquisition

Friendly

digital transformation

Synopsis

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Sysnet Global Solutions, a provider of payment card industry, cyber security and compliance solutions, completed the acquisition of NuArx, anetwork security and business continuity solutions provider, from One Equity Partners, a private equity firm. Financial terms were not disclosed. “The acquisition of NuArx by Sysnet is part of Sysnet’s growth strategy and helps position Sysnet at the forefront of security and compliance. As organizations continue to strain under the ever-increasing onslaught of cyber-attacks, scalable cyber security platforms are needed so merchants of all sizes and locations can address emerging threats, while also achieving and meeting critical compliance mandates. NuArx bolsters Sysnet’s cyber security and compliance solutions and plays a critical role in helping our customers meet ever-increasing threats,” Gabe Moynagh, Sysnet Chief Executive Officer.

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