HelpSystems Acquires GlobalSCAPE

August 28, 2020

HelpSystems completed a cash tender offer to acquire all outstanding shares of GlobalSCAPE at $9.50 per share, accepting approximately 14.9 million shares (about 78.8% of outstanding). GlobalSCAPE will become a wholly owned subsidiary of HelpSystems and be integrated into its data security and automation portfolio to expand managed file transfer and secure data movement capabilities.

Buyers
HelpSystems
Targets
GlobalSCAPE
Sellers
GlobalSCAPE shareholders
Industry
Cybersecurity
Location
Texas, United States
Transaction Type
Buyout

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