Due to increased demand for technology, the software M&A market has remained strong in spite of the current pandemic. Eden Prairie based HelpSystems is a private equity backed Software Company that focuses on the automation and security of critical IT processes. The Company has been in growth mode during 2020, having already completed three acquisitions, including Titus International, Inc. and Strategic Cyber, LLC. Recently, the company announced a definitive merger agreement to make their largest acquisition yet in GlobalScape, Inc. for a price of $218 million. The GlobalScape acquisition will continue to grow HelpSystems’ robust security business.
Read the Full Article Here: https://www.startribune.com/helpsystems-acquires-globalscape
Quazar Capital was not involved in this transaction.
