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Announced

Completed

HelpSystems completed the acquisition of Terranova Security.

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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Software

Single Bidder

software

Canada

e-learning

Completed

Acquisition

Majority

communication

Private

Cross Border

online training

Friendly

Synopsis

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HelpSystems, a software company helping with securing and automatizing working processes, completed the acquisition of Terranova Security, a security software developer. Financial terms were not disclosed. “Organizations in every vertical are learning that developing a cyber-aware culture is one of the best ways to prevent attacks and the downstream damage they can cause. Terranova Security’s global reach and gamification techniques truly set them apart. Additionally, their record in training users to fend off attacks is exceptional, and we believe their knowledge and capabilities will enable our customers to excel in this as well. They are a welcome addition to the HelpSystems family,” Kate Bolseth, HelpSystems CEO.

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