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New Deal


Announced

CrowdStrike to acquire SecureCircle.

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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Private

Domestic

Majority

software-as-a-service

Single Bidder

United States

Software

Friendly

cybersecurity services

Acquisition

Pending

Synopsis

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CrowdStrike, a provider of cloud-delivered endpoint and workload protection, agreed to acquire SecureCircle, a SaaS-based cybersecurity services provider. Financial terms were not disclosed. "Data loss prevention has suffered from a lack of innovation and legacy tools have completely failed to live up to the promise of preventing breaches. At the same time, the endpoint has become the focal point for how data is accessed, used, shared and stored. CrowdStrike will be setting a new standard for endpoint-based data protection by connecting Zero Trust enforcement to the device, the user identity and, with this acquisition, the data users are accessing and using," George Kurtz, CrowdStrike CEO.

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