CDI Global advises sale of Norwegian tech company SafeSend
j2 Global, Inc. acquires e-mail security software company SafeSend
Chicago, Stockholm, Sweden – CDI Global Sweden is pleased to have advised SafeSend, a Norwegian security software provider, in the successful sale to j2 Global, a global cloud services, security and media group.
SafeSend develops and sells software that prevents sensitive information from being sent to the wrong e-mail recipients (misaddressed e-mail). With over 300,000 active users around the globe, SafeSend was an excellent complement to j2 Global’s tech portfolio of cloud services and security brands. Powered with the strength of j2 Global’s operations, that span forty-nine countries and six continents, SafeSend looks forward to continuing thei already steady growth and expanding to deliver more comprehensive solutions.
“We could not be more pleased with our role as the chosen advisor for SafeSend, and the successful divestment to j2 Global. The new owner’s strong position and brand in the IT security space is a perfect match for SafeSend,” noted Nikla Edler of CDI Global Sweden. Pulling from their team of experts, both in technology and cross-border transactions, CDI Sweden managed the divestment process, provided documentation, financial modelling, managed negotiations with potential buyers, and coordinated due diligence. CDI Global specializes in international transactions, providing local expertise and industry specialization from their extensive network of global offices.
About CDI Global
CDI Global offers financial advisory services focusing on middle-market transactions. The firm specializes in international company search for mergers and acquisitions, divestitures and joint ventures, buy-side and sell-side representation, and due diligence advisory services. They have over 1,000 transactions completed in the past 35+ years covering more than 25 industries. CDI Global was founded in 1973 and is based in Chicago, Illinois with 35 additional offices in Asia, Europe, North America, Oceania, and South America. They are known for the quality of their international personnel, industry focus, trademark interview process, and in-depth business development expertise. For more information visit https://www.cdiglobal.com.
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