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New Deal


Announced

Completed

Battery Ventures completed the acquisition of software products from Reynolda Equity Partners-backed GrammaTech.

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

Majority

Private

Acquisition

Completed

Friendly

Single Bidder

software products

Domestic

United States

Synopsis

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Battery Ventures, a technology-focused investment firm, completed the acquisition of software products from Reynolda Equity Partners-backed GrammaTech, a provider of application security testing products and software research services. Financial terms were not disclosed. “We are excited to partner with the CodeSecure product team on its mission to enable developers to detect and fix vulnerabilities within their development pipelines, allowing them to accelerate critical DevSecOps deployments. We’re also looking forward to working with the team behind CodeSentry, a technology with multiple use cases, from detecting open-source vulnerabilities in third-party code to generating software bill of materials (SBOMs),” Lauren Wedell, Battery Ventures Vice President.

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