Announced
Financials
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Tags
United States
software development
Acquisition
Friendly
Private Equity
Software
cybersecurity software
Cross Border
Pending
Majority
Private
Single Bidder
Synopsis
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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