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New Deal


Announced

APG-backed Fresche Solutions to acquire Trinity Guard.

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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United States

software development

Acquisition

Friendly

Private Equity

Software

cybersecurity software

Cross Border

Pending

Majority

Private

Single Bidder

Synopsis

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APG-backed Fresche Solutions, a software company in Montreal, Canada, agreed to acquire Trinity Guard, a provider of security, auditing and detection software and services that provide vital capabilities to detect and protect against growing cybercrimes. Financial terms were not disclosed. "Regardless of where your data resides, everyone is at risk of getting hacked. Anyone can have an extensive and expensive firewall, but if you aren’t protecting the data that’s on IBM i then you have security exposure. By joining forces with Fresche, we can bring our protection to more companies around the world and help them safeguard their mission-critical applications, operations and business reputation," Tony Perera, Trinity Guard CEO.

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