CYBERSECURITY SNAPSHOT | APRIL 2022
We are pleased to provide you with Momentum’s Cybersecurity Snapshot for April 2022. Strategic activity in April included 98 transactions completed totaling $20.3B in disclosed deal value across M&A (26 transactions, $18.2B) and financing (72 transactions, $2.1B).
Each month we provide you with an update on the dynamic Cybersecurity landscape. We highlight M&A activity, Venture Capital, Initial Public Offerings, public market valuations, and sector trends.
Highlights Of The Report
- 26 M&A deals were announced with disclosed values of $18.2B (median disclosed value of $197M)
- The acquisitions of SailPoint by Thoma Bravo for $6.9B, Datto by Kaseya for $6.2B, and Barracuda by KKR for $4.0B led M&A activity in April
- The most active sectors for M&A this month were: Network & Infrastructure Security (5), Identity & Access Management (4), and MSSP (3)
- 72 financing transactions completed with total capital raised of $2.1B (median amount raised of $10.0M)
- SonarSource’s $412M PE Growth Round, Critical Start’s $215M PE Growth Round, and Fortress Information Security’s $125M PE Growth Round led all financing activity for April
- The most active sectors for financings this month included: Risk & Compliance (14), Data Security (14), and Identity & Access Management (8)
Recent Announcements
- Momentum Cyber Advises Apptega On Its Strategic Investment By Mainsail Partners
- Momentum Cyber Advises Infocyte On Its Acquisition By Datto
- Momentum Cyber Advises Fishtech Group On Its Merger With Herjavec Group
- Momentum Cyber Advises SecBI On Its Acquisition By LogPoint
- Momentum Cyber Advises RiskSense On Its Acquisition By Ivanti
- Momentum Cyber Advises Herjavec Group On Its Majority Acquisition By Apax Partners
- Momentum Cyber Advises Alcide On Its Acquisition By Rapid7
- Momentum Cyber Advises MistNet On Its Acquisition By LogRhythm
- Momentum Cyber Advises iboss On Its $145M Growth Financing Led By NightDragon & Francisco Partners
- Momentum Cyber Advises Goldman Sachs, ClearSky, and NightDragon On Their Acquisition of White Ops Cybersecurity
- Momentum Cyber Advises Goldman Sachs And ClearSky Security On Their Strategic Investment In White Ops
- Momentum Cyber Advises JASK on Its Acquisition by Sumo Logic
- Momentum Cyber to Support NTT’s Global Cybersecurity Strategy & Growth Initiatives
- Momentum Cyber Advises Interset on Its Acquisition by Micro Focus
- Momentum Cyber Served as Exclusive Financial and Strategic Advisor to RedLock
- Momentum Cyber Advises ADT and NightDragon on Their Strategic Investment in SAM Seamless Network
- Momentum Cyber Advises ADT on Its Acquisition of SDI
- Momentum Cyber Advises ICEBRG on Its Acquisition by Gigamon
- Momentum Cyber Advises Bradford Networks on Its Acquisition by Fortinet
- Momentum Cyber Advises Weblife on Its $60 Million Acquisition by Proofpoint
- Momentum Cyber Advises DATASHIELD on Its Acquisition by ADT
- Momentum Cyber Advises Cyphort on Its Acquisition by Juniper Networks
Momentum Cyber is the premier trusted advisor to the Cybersecurity industry providing bespoke high-impact advice combined with tailored, senior-level access. The firm was founded by world-class operators and advisors and caters to the unique needs of both earlier stage Founders, CEOs, & Boards as well as the complexity of later stage & public companies throughout their lifecycle. Headquartered in San Francisco with operations globally, the founding team has closed over 250 transactions totaling over $250 billion in value.
Recent Momentum Cyber Transactions
Infocyte Has Been Acquired By Datto
Role: Sell Side Sector: Managed Detection & Response Size: Undisclosed Location: Austin, TX Press Release
Fishtech Group Merges With Herjavec Group
Role: Sell Side Sector: Managed Security Services Provider Size: Undisclosed Location: Kansas City, MO Press Release