Mooreland Partners acted as the exclusive financial advisor to Cybera, a provider of secure virtual application network solutions, on its strategic investment from Sumeru Equity Partners and existing investor Adams Street Partners.
Following the transaction, Sumeru Equity will hold a majority equity stake in Cybera, and existing investor Adams Street and senior management will retain significant equity interests and board representation. This transaction highlights Mooreland Partners' position among the most active M&A advisors to the Enterprise Security segment, having completed four transactions in the sector during the second half of 2015 alone.
Based in Nashville, Cybera provides a simple solution to the growing complexity that distributed enterprises face at remote locations in managing payment networks and other sensitive, complex applications. The Cybera ONE platform reduces customer cost and complexity by integrating cloud and premise-based security technology into a single, easy to use offering. Cybera ONE has become a disruptive alternative for easing the burden of data security and compliance for thousands of retail locations globally, and billions of payment transactions each year.
Commenting on the transaction, Brad Topchik (pictured), Managing Director at Mooreland says: "Cybera's cloud-based service is a game-changing security offering for distributed enterprises. By partnering with leading technology investor Sumeru, along with receiving a long-term commitment from existing investor Adams Street, Cybera is well positioned to capitalise on a significant market opportunity."
