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New Deal


Announced

Rave Mobile Safety to acquire AppArmor.

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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Single Bidder

Friendly

Software

Pending

Private

mobile safety

Acquisition

Cross Border

Majority

Canada

Synopsis

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Rave Mobile Safety, a critical communication and collaboration platform, agreed to acquire AppArmor, a custom-branded mobile safety app provider. Financial terms are not disclosed. “AppArmor shares our mission to disrupt and innovate critical communications and incident collaboration and has established a robust customer base that speaks to their ability to deliver technology that makes a difference. With the addition of AppArmor, the combined company can now offer our clients an even broader suite of market-leading solutions to enhance safety and response for higher education institutions, public safety agencies and private enterprises,” Todd Piett, Rave CEO.

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