America’s Growth Capital is pleased to announce that its client, Safend Ltd., a leading provider of endpoint data loss protection solutions, has been acquired by Wave Systems Corp., a leading provider of client and server software for hardware-based digital security, for approximately $13 million. The acquisition will enable Wave Systems to deliver a holistic trusted computing management platform that roots software security to trusted computing hardware, providing the enterprise with interoperability across all platforms. With a team led by Maria Lewis Kussmaul, America’s Growth Capital acted as sole financial advisor to Safend.
Safend is delighted to have worked with Maria Lewis Kussmaul and the AGC team on our strategic sale to Wave Systems. AGC led a highly efficient and competitive process, acting as an insider and trusted advisor to management and the Board of Directors throughout every step of the process. We look forward to partnering with them in the future.