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New Deal


Announced

Completed

Mimecast completed the acquisition of Elevate 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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United States

security risk management platform

Software

Acquisition

Domestic

Private

Majority

Single Bidder

Friendly

Completed

Synopsis

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Mimecast, an advanced email and collaboration security company, completed the acquisition of Elevate Security, a provider of human risk management solutions. Financial terms were not disclosed. “Elevate Security prides itself on being one of the first human risk platforms to help organizations identify high-risk people and automate responses and safeguards, and we have long admired Mimecast’s commitment to changing user behavior to enhance protection,” Robert Fly, Elevate Security CEO and Co-Founder.

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