- Sector: Infrastructure Software & Cybersecurity
- Deal Type: Strategic Deals
- Engagement type: Sellside
- Size: <$200m
Arma Partners is pleased to announce that it acted as exclusive financial advisor to Silanis Technology, Inc. on its sale to VASCO Data Security International, Inc. (NASDAQ: VDSI) for a cash consideration of $85 million.
Silanis is a leading provider of electronic signature (e-signature) and digital transaction solutions used to sign, send and manage documents. Silanis is one of the most widely used e-signature solutions in the world and ranked as a leader by analyst firms. Built on a single SaaS platform that can be delivered in the cloud or on-premises, Silanis serves organizations of all sizes including top banks, insurers, credit providers, pharmaceutical companies and government agencies.
VASCO is a world leader in providing two-factor authentication and digital signature solutions to financial institutions. The acquisition demonstrates VASCO’s commitment to delivering new solutions that are in high demand within its financial services customer base and anticipates significant revenue synergies from the combination. VASCO serves more than 10,000 customers in 100 countries, including many of the top 100 global banks.
This transaction underscores Arma Partners’ continued strength in vertical market SaaS and software and our unique ability to deliver successful outcomes for our clients.