Strategic Advisory Services International, LLC (SASI) is pleased to announce that C2C Systems (C2C) has been acquired by Barracuda Networks, Inc. (Barracuda). SASI served as exclusive financial advisor to C2C. Terms of the transaction were not disclosed.
SASI introduced the key executives involved in the transaction and drove critical aspects of the M&A process from initial technology validation, to letters of intent through final closing agreements. Keys to success included SASI’s longstanding relationship with Barracuda, managing cross border issues arising from a U.K. based seller and a U.S. public buyer, and lastly, working closely with both parties on the combined product strategy and integration roadmap.
Barracuda Perspective on C2C Acquisition:
Barracuda’s acquisition of C2C Systems allows the company to offer customers a more complete information management and archiving product portfolio to simplify IT and control storage costs. The companies’ shared philosophy around simplicity and customer experience provides customers with extended value across the expanded archiving portfolio, which now includes file and message archiving, eDiscovery, and PST management solutions. This addition enables Barracuda to help eliminate risks associated with distributed PST files, reduce eDiscovery overhead via information management and early investigation, and support information management and governance initiatives via extended retention management policies. (Source: Barracuda press release 09/09/14)
About Barracuda (NYSE: CUDA):
Barracuda provides cloud-connected security and storage solutions that simplify IT. These powerful, easy-to-use, and affordable solutions are trusted by more than 150,000 organizations worldwide and are delivered in appliance, virtual appliance, cloud, and hybrid deployments. Barracuda’s customer-centric business model focuses on delivering high-value, subscription-based IT solutions that provide end-to-end network and data security. For additional information, please visit www.barracuda.com.
SASI is a boutique M&A advisory firm focused on serving private technology companies. Please visit http://www.sasillc.com for more information.