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Announced

Completed

Blancco completed the acquisition of WipeDrive.

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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Friendly

Private

United States

Single Bidder

Software

Completed

Majority

Cross Border

software solutions

Acquisition

Synopsis

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Blancco Technology Group, a data erasure and mobile lifecycle solutions provider, completed the acquisition of WipeDrive, a provider of data erasure software solutions. Financial terms were not disclosed. ‘’Everyone at WipeDrive is extremely excited to be joining Blancco. Blancco is an acknowledged leader in data erasure and is the ideal company to take our business to the next level. The teams are incredibly complementary and are set to collaborate on what I am sure will be a very successful future together," Bill Glynn, WipeDrive CEO.

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