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New Deal


Announced

BlueVoyant to acquire Concanon.

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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Friendly

software development

Domestic

Majority

Software

Pending

United States

Acquisition

Single Bidder

Private

Synopsis

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BlueVoyant, a cybersecurity company, agreed to acquire Concanon, a global professional services and big data solutions consultancy. Financial terms were not disclosed. "We continue to see an exponential rise in customers moving to the cloud, exposing a critical need to deploy cloud-native security technologies to take advantage of more robust integrations across clouds and software as a service products," Milan Patel, BlueVoyant Global Head of Managed Security Services.

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