Results has advised Terranova Security on its acquisition by HelpSystems

  • Service: M&A
  • Sector: Technology
  • Sub Sector: Cyber Security, Enterprise SaaS
  • Engagement Type: Sell Side
Apr 2022
has been acquired by
A company backed by TA Associates, HGGC, Charlesbank, Harvest Partners SCF

Results is thrilled to announce that it has acted as the exclusive financial advisor to Terranova Security, a market-leading cyber security awareness training SaaS platform, on its acquisition by HelpSystems, a portfolio company of TA Associates, HGGC, Charlesbank, and Harvest Partners SCF.

Terranova Security is a Gartner-recognized, global security awareness training partner whose software makes it easy to build risk-based campaigns that feature the industry’s highest-quality training content and real-world phishing simulations. Using a proven pedagogical framework, Terranova Security training solutions empower organizations worldwide to implement programs that change user behaviors, reduce the human risk factor, and counter cyber threats effectively. Available in more than 40 languages, Terranova Security’s platform and content incorporates gamification techniques to increase engagement and knowledge retention. This approach enables all organizations to hone employee cyberattack prevention skills and reduce the chance of a successful phishing attack.

The combination of these two businesses will extends HelpSystems’ overall security suite with a proven training security awareness SaaS solution that complements email security offerings from Clearswift, Agari, and PhishLabs.

This is Results’ second transaction in the cyber security awareness subsector, and 12th deal overall in cyber security.

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