America's Growth Capital is pleased to announce that its client, Ingrian Networks ("Ingrian"), a Redwood City, CA-based leading provider of Enterprise Data Protection and privacy solutions, has agreed to be acquired by SafeNet, Inc., a global leader in information security backed by Vector Capital. This is America's 22nd information security transaction. The deal is subject to customary closing conditions and is expected to close in the next three to four weeks. With a team led by Ben Howe, America's acted as sole financial advisor to Ingrian Networks.
There is no such thing as a seamless deal, but few deals involve as many twists and turns as we experienced on this one. Our team from America's Growth Capital brought our story effectively to the marketplace, generated multiple proposals and artfully guided us to the best outcome. They are a smart, hardworking and tenacious team that I hope to work with again.