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New Deal


Announced

Completed

Phenna Group completed the acquisition of PKI Solutions.

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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Digital Services

Private

Acquisition

cybersecurity

Completed

Single Bidder

United States

Cross Border

Majority

Friendly

Synopsis

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Phenna Group, a provider of testing, inspection, certification, and compliance services, completed the acquisition of PKI Solutions, a cybersecurity specialists providing public key infrastructure products. Financial terms were not disclosed. “I am thrilled to be joining Phenna Group, who share my high growth ambitions for the business. The continued focus on customer success, world-class delivery of consulting services, and the expansion of PKI Spotlight throughout the enterprise market were critical when finding the right partner for us to move forward. Their unique, autonomous business model really resonated with me and from my first call with Paul and the Phenna team I was convinced they would be a great partner for PKI Solutions. I am excited and confident in the future opportunities as part of Phenna Group, to continue to expand our innovations, products, and services to our customers around the world," Mark B. Cooper, PKI Solutions Managing Director.

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