America’s Growth Capital is pleased to announce that its client, Secerno Ltd., a provider of active database security and control solutions based in Oxford, UK, has agreed to be sold to Oracle Corporation. With the acquisition, Oracle will leverage Secerno’s products to expand its portfolio of security solutions to ensure data privacy, protect against insider threats, and enable regulatory compliance. Together, Oracle and Secerno’s technologies are expected to further extend Oracle’s comprehensive database security solutions to safeguard critical business information across the enterprise. The transaction is expected to close before the end of June, 2010. Financial terms were not disclosed. With a team led by Scott Card, America’s Growth Capital acted as sole financial advisor to Secerno.
We are excited to bring Secerno’s database security expertise to Oracle, ensuring continuity and success for our current customers, partners and prospects. Scott and his team did an outstanding job in advising us throughout the process. Their insights and relationships in the security & data management sectors, as well as their recent and relevant transaction experience, were critical in helping us complete a transaction with a great partner in Oracle. We hope to have a chance to work again with Scott and his team at AGC.Steve Hurn, CEO of Secerno
AGC acted as sole financial advisor to Secerno in June, 2010