Submitted by dariat on

GlobalSCAPE was picked up by HelpSystems to augment its data security business, valuing the company at about $178M, 5.4 times revenue. Globalscape's cloud-based and on-premise solutions that help organizations secure movement, automation, and integration of data both in and out of the cloud would augment HelpSystems' data security business.

Seller Name
GlobalSCAPE
Buyer Name
HelpSystems
Value Type
Deal Value
$177.7M
EV/S Multiple
5.4x
Deal Date
Banner
GlobalSCAPE acquired by HelpSystems