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Nightdragon Acquires Varmour, Appoints Matt Gyde As Ceo To Capitalize On Growing Global Cloud Application Security Opportunity

Apr 18, 2023•over 2 years ago

Acquiring Company

NightDragon

Acquired Company

vArmour

San MateoCyber SecurityInformation Technology

Description

NightDragon and vArmour today together announced that NightDragon, a dedicated cybersecurity, safety, security and privacy investment firm, has acquired vArmour and appointed long-time cybersecurity industry veteran Matt Gyde as CEO. The moves come as the company's market opportunity continues to grow as threats rise worldwide and organizations turn to cloud application security solutions to increase resilience and mitigate risk.

Company Information

Company

NightDragon

About

NightDragon is an investment and advisory firm focused on growth and late-stage investments within the cybersecurity, safety, security and privacy industries. Its platform and vast industry network provide unparalleled threat insights, deal flow, market leverage and operating expertise to drive portfolio company growth and increase shareholder value. Founded by Dave DeWalt, the NightDragon team has more than 25 years of operational and market expertise leading technology companies such as Documentum, EMC, Siebel Systems (Oracle), McAfee, Mandiant, Avast and FireEye. Read more about NightDragon at www.nightdragon.com. CONTACT: Sarah Kuranda, sarah@nightdragon.com SOURCE NightDragon; vArmour

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed