Mooreland is a leading advisor to the Global Cybersecurity Industry
NEW YORK – May 1, 2018 – Mooreland Partners, the leading independent investment bank providing M&A and private capital advisory services to the global technology industry, today announced that it acted as the exclusive financial advisor to Spirion LLC on its strategic investment from The Riverside Company, a global private equity firm investing in growth companies.
Based in St. Petersburg, Florida, Spirion is the leading provider of enterprise data-centric audit and protection software focused on accurately discovering, classifying, monitoring and protecting sensitive information. The company helps thousands of organizations mitigate breaches and compliance issues by finding and protecting sensitive data with unparalleled accuracy – critical data such as personal information, medical records, credit card accounts, and intellectual property stored across the enterprise and cloud.
With this significant investment from The Riverside Company, Spirion will accelerate the expansion of its product capabilities, increase staff to support its rapidly growing customer base, and substantially broaden partnership opportunities with companies providing complementary product offerings.
“Financial sponsor activity in the cybersecurity sector remains robust. Mooreland has a track record of connecting high growth, innovative security companies with well qualified private equity partners,” said Brad Topchik, Managing Director, Mooreland Partners. Mooreland completed 11 M&A and capital raising transactions year to date and is the most active advisor to the cybersecurity industry.