136332 Resource 125361 126221 200444 1154466609129 1214507564260 Controlled IT Security Companies On Shopping Spree

eWeek notes the increased appetite of managed services and IT security companies for acquisitions. Don More of Updata Capital explains why.

<p><font face="Trebuchet MS">eWeek's story, &quot;<a title="eWeek.com" href="http://www.eweek.com/article2/0,1895,1994656,00.asp" target="_blank">On The Prowl</a>,&quot; highlights how Brad Miller, CEO of managed services provider Perimeter Internetworking, is&nbsp;supplementing his company's organic growth with&nbsp;strategic acquisitions to illustrate the increase in M&amp;A activity&nbsp;among&nbsp;managed services and IT security firms.&nbsp;&nbsp;<a href="http://updataadvisors.com/transactions.asp?newsid=136" target="_blank">Updata Capital advised Perimeter</a> in its acquisition of Breakwater Security Associates earlier this year.&nbsp;&nbsp;According to eWeek, industry experts expect strategic acquisitions to continue&nbsp;among companies seeking to improve their&nbsp;bottom line, expand into new geographic or industry markets and augment their core competencies.&nbsp; Don More, Partner at Updata Capital cites one of the factors driving activity is the willingness of companies who focused on balancing their books and putting cash in the bank after&nbsp;the dot-com crash, to take on debt to finance M&amp;A activities.</font></p> 9 application/xml false eWeek infrastructure software managed services Perimeter Internetworking security technology M&A technology mergers and acquisitions Updata Capital Recent infrastructure software mergers and acquisitions deals completed by Updata Capital http://updataadvisors.com/transactions.asp?sector=13&level2id=55&level2name=Infrastructure%20Software&sectorname=ALL%20SECTORS Mozilla/4.0 (compatible; MSIE 6.0; Windows NT 5.0; .NET CLR 1.1.4322; .NET CLR 2.0.50727; InfoPath.1) 127.0.0.1 127.0.0.1 fbartolomey 208.82.213.22 false true false false true 125361 blog blogsite/UpdataAdvisors/web