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New Deal


Announced

ELCA and BlueVoyant to form Senthorus.

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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security services

Switzerland

Majority

Private

Joint Venture

Friendly

Acquisition

Cross Border

Single Bidder

Pending

Data Centers and Hosting

Synopsis

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ELCA, a provider of security activities, and BlueVoyant, a developer of an analytics-driven cybersecurity platform, agreed to form Senthorus, a joint venture operating a new Switzerland-based security operations center. Financial terms were not disclosed. “Recent events showed to be an ideal setting for enhanced cyberattacks attempts. It has been shown that the majority of Switzerland’s companies are exposed to uninterrupted threats representing a major risk to lose assets and data or being the victim of extortion attempts. ELCA wants all Swiss companies to have access to the best defenses to keep their organizations safe. The partnership with BlueVoyant provides us the capability to offer Swiss organizations a sovereign based service while providing world class managed security, countering the ever-present cyber threat," Cedric Moret, ELCA CEO.

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