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New Deal


Announced

Completed

FTV Capital and True Wind-backed Sysnet Global Solutions completed the acquisition of SecureTrust from Trustwave.

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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Acquisition

Majority

Friendly

United States

Completed

Cross Border

Single Bidder

Private Equity

cyber security

Digital Services

Private

Synopsis

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FTV Capital and True Wind-backed Sysnet Global Solutions, a provider of cyber security and compliance solutions, completed the acquisition of SecureTrust, a provider of Payment Card Industry compliance, from Trustwave, a cybersecurity brand. Financial terms were not disclosed. "We are very excited to have the SecureTrust team join Sysnet Global Solutions. The Sysnet brand has long been synonymous with trusted solutions in the managed security and compliance market. By integrating talent and technology from pioneering brands, such as SecureTrust, into our portfolio, we can deliver the innovation that our clients need to stay ahead of the curve along with the peace of mind that comes with working with a well-established authority in the space, no matter their size or requirements," Bob McCullen, Sysnet CEO.

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