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New Deal


Announced

EQT-backed Open Systems to acquire Tiberium.

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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Private

Friendly

cyber security services

Pending

Single Bidder

IT Services: Other

Acquisition

Majority

United Kingdom

Cross Border

Private Equity

Synopsis

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EQT-backed Open Systems, a provider of next-gen managed detection and response services, agreed to acquire Tiberium, a provider of highly automated managed security services based on Microsoft security solutions. Financial terms were not disclosed. “We are excited to join forces with Open Systems who shares our vision of automation and real-time collaboration to dramatically improve customers security maturity. We both have deep expertise in Microsoft security and are now taking our game changing SecOps model to a global audience,” Drew Perry, Tiberium CEO.

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