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New Deal


Announced

Completed

Hornetsecurity completed the acquisition of Vade.

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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France

cybersecurity

IT Services: Other

Acquisition

Cross Border

Private

Majority

Completed

Friendly

Single Bidder

Synopsis

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Hornetsecurity, an international cloud security and compliance SaaS provider, completed the acquisition of Vade, an email cybersecurity provider. Financial terms were not disclosed. "Both Hornetsecurity and Vade embrace the same values and share a genuine commitment to safeguarding global organizations, enabling them to concentrate on their core strengths. We also both adopt a channel-first approach. We look forward to working with the Vade team in this exciting new chapter," Daniel Blank, Hornetsecurity Chief Operating Officer.

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