Mooreland Partners Continues Transatlantic Deal Momentum in Enterprise Security Sector
Greenwich, Conn. – OCTOBER 20, 2015 – 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 Viewfinity on its sale to CyberArk. The acquisition of Viewfinity further strengthens Mooreland Partners’ position as a leading global M&A advisor on transatlantic, strategic transactions in the Enterprise Security segment. Viewfinity represents Mooreland’s fifth enterprise security transaction in 2015.
Based in Masschusetts with R&D operations in Israel, Viewfinity is a leader in privilege management and application control software. Through automated, policy-based monitoring, elevation, threat detection, and incident remediation, Viewfinity eliminates the bottlenecks of operating without administrative rights, while bringing end-point level visibility and actionable data to security.
Headquartered in Petach Tikvah, Israel, CyberArk offers a comprehensive solution that proactively protects privileged accounts, monitors privileged activities, and detects malicious privileged behavior. A vital security partner to 1,900 global businesses, including 40 percent of Fortune 100 companies, CyberArk’s customers use its solution to introduce a new layer of security to protect against, detect, and respond to cyber attacks that have made their way inside the network perimeter.
“The current M&A environment for end-point security solutions that address the increased exposure to advanced malware and new attack vectors remains very active. We anticipate additional acquisition activity and new company formation in this market segment as security spending priorities continue to shift toward next-generation solutions,” said Scot Sedlacek, Managing Director at Mooreland Partners.