Liberty Strategic Capital Acquires Zimperium

Zimperium Acquires whiteCryption

July 6, 2021

Cybersecurity

Zimperium, a Dallas-based mobile security company, has acquired whiteCryption — a provider of application shielding and white‑box cryptography — from an investment group led by Intertrust. The acquisition will integrate whiteCryption’s advanced code- and key-protection technologies into Zimperium’s Mobile Application Protection Suite to expand app shielding and key protection capabilities for mobile and IoT deployments.

Tripadvisor Acquires Liberty TripAdvisor Holdings in $430M Merger

April 29, 2025

Media & Entertainment

Tripadvisor, Inc. acquired Liberty TripAdvisor Holdings, Inc. via a merger in which a subsidiary of Tripadvisor merged with and into Liberty TripAdvisor, with Liberty TripAdvisor becoming an indirect wholly owned subsidiary of Tripadvisor. The deal closed on April 29, 2025 and included cash consideration of about $20 million for Liberty TripAdvisor common shares and about $42.5 million for its preferred stock, plus redemption/repayment of exchangeable debentures.

CyberArk Acquires Zilla Security

February 13, 2025

Cybersecurity

CyberArk has acquired Zilla Security for an enterprise value of $165 million in cash plus a $10 million earn-out. The acquisition adds Zilla's AI-powered modern IGA SaaS capabilities to CyberArk's Identity Security Platform to accelerate identity governance, provisioning and compliance across cloud and SaaS environments.

OpenText Acquires Zix Corporation

November 8, 2021

Cybersecurity

OpenText completed the acquisition of Zix Corporation, a SaaS-based email encryption, threat protection and compliance cloud provider for SMBs, for $8.50 per share in a transaction valued at approximately $860 million. The deal expands OpenText's SMB cloud portfolio, brings roughly 5,600 managed service partners, deepens its Microsoft relationship, and is expected to be accretive to adjusted EBITDA and ARR.

Limerston Capital Acquires CyberCrowd to Build Cybersecurity Platform

May 27, 2024

Cybersecurity

London-based private equity firm Limerston Capital has acquired UK-based cyber security services specialist CyberCrowd as the first step in building a new cybersecurity platform alongside assets from an earlier acquisition. The combined group will offer digital forensics, e-Discovery, a proprietary forensic case management tool, a 24/7 UK-based SOC, incident response, and scaled consultancy and penetration testing services to public and private sector clients.

Sverica Capital Management Makes Growth Investment in Zyston

July 11, 2023

Cybersecurity

Sverica Capital Management has made a strategic growth investment in Zyston, a provider of managed detection and response and AI-driven cybersecurity program management software. Zyston's founder and CEO Craig Stamm will remain in place and Sverica partners Frank Young and Michael Dougherty will join Zyston's board to support the company's continued growth and expansion of services.