AppRiver Acquires Total Defense
DCS Advisory served as financial advisor to AppRiver, LLC on its acquisition of Total Defense. Below please find the press release issued by AppRiver regarding this acquisition:
GULF BREEZE, FL – October 9, 2018 – AppRiver, LLC has again expanded its capabilities in the cloud-based security and productivity services market with the acquisition of New York-based Total Defense, a leading provider of subscription-based endpoint security for consumers and small businesses.
The acquisition is a milestone in a series of strategic investments by AppRiver to expand its technology portfolio and further establish itself as the go-to IT security provider for SMBs worldwide. In March 2018, the company acquired Roaring Penguin, a Canadian email security company, to expand its global footprint and strengthen its technological advantages over competitors in the email security space.
“Our focus in 2018 has been expanding our capabilities to become the channel’s most trusted provider of SMB security solutions,” said Kevin Hatch, AppRiver’s CFO. “Our partners have consistently told us they prefer the simplicity of dealing with one vendor and the high value that our award-winning Phenomenal Care® customer service and powerful security services provide.”
The integration of AppRiver’s threat intelligence and analysis foundation into an endpoint security solution provides another powerful layer of cyber-defense for small and mid-size businesses. In the rapidly evolving IT channel, partners are searching for more effective security solutions and new sources of recurring revenue, while aiming to minimize the uncertainty and complexity that result from using multiple providers. With the acquisition of Total Defense, AppRiver has positioned itself as a one-stop provider with comprehensive security capabilities and extensive channel experience.
“We evaluated a broad set of endpoint security providers and found that Total Defense’s technology was the strongest and an excellent complement to AppRiver’s existing solutions,” said Joel Smith, AppRiver’s co-founder and CTO. “Our threat intelligence data will enhance Total Defense’s endpoint offering and position AppRiver to develop and bring to market another best-in-class solution to our partners and the SMB customers they serve.”
AppRiver is a channel-first provider of cloud-based cybersecurity and productivity services, with an extensive reseller community that protects more than 60,000 companies worldwide against a growing list of dangerous online threats. Among the world’s top Office 365 and Secure Hosted Exchange providers, the company’s brand is built on highly effective security services backed by 24/7 white-glove Phenomenal Care® customer service. Among AppRiver’s numerous growth milestones is its inclusion in Inc. 5000’s list of the fastest growing private companies in America for 11 consecutive years.
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This announcement is for informational purposes only, and does not constitute or form part of, and should not be construed as, an offer to sell or issue, or a solicitation of any offer to buy any securities.