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New Deal


Announced

Completed

Smarsh completed the acquisition of Digital Safe from Micro Focus for $375m.

Financials

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Transaction Value£274m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Software

Private

Single Bidder

Acquisition

Friendly

United States

Domestic

risk management software

Majority

Completed

Synopsis

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Smarsh, enabling organizations to manage the risk and uncover the value within their electronic communications, completed the acquisition of Digital Safe archiving and risk management portfolio from Micro Focus, a British multinational software and information technology business, for $375m. “Today is a significant milestone as we officially welcome Digital Safe employees and partners to the Smarsh family. Much of our market is now driven by the need for fast, reliable access to an ever-increasing variety of communications sources. The best-positioned vendors are those who are 100% focused on this market to keep pace with the change to communications and collaborative patterns. While bolstering our team with 400 experts in these areas, this acquisition provides Digital Safe customers with access to that technology innovation,” Brian Cramer, Smarsh CEO.

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