Fortra LLC
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Fortra LLC - overview
Established
1982
Location
Eden Prairie, MN, US
Primary Industry
IT Infrastructure
About
Based in Minnesota, US, and founded in 1982, Fortra LLC, formerly known as HelpSystems LLC, is a provider of systems management, security, and business intelligence software. The company is being led by its current CEO, Kate Bolseth, and also has offices in the UK, Spain, Argentina, and Australia. In 2019, Charlesbank Capital Partners and TA Associates invested in HelpSystems, LLC for USD 449. Fortra offers solutions for automation, cybersecurity, monitoring, optimization, compliance, document management, business intelligence, and cloud management.
Its products include Automate, a robotic process automation software; GoAnywhere, a managed file transfer software; IBM i systems management software; and PowerTech, a cybersecurity software. Moreover, the company offers product training, managed services, and consulting services. As of February 2021, Fortra LLC plans to expand its cybersecurity portfolio through add-on acquisitions to establish a comprehensive, best-in-class security assessment toolkit.
Current Investors
Harvest Partners, HGGC, Charlesbank Capital Partners
Primary Industry
IT Infrastructure
Sub Industries
Consulting Services, IT Infrastructure, IT Security/Cybersecurity, Systems Management Software, Monitoring & Security Software, Application Integration Software, Analytics & Performance Software
Website
www.fortra.com
Verticals
Artificial Intelligence, Cloud Computing, Cloud Computing
Company Stage
Mature
Total Amount Raised
Subscriber access only
Fortra LLC - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Corporate Carve Out, Trade Sale | Completed | JAMS | - | ||||||||
| Add-on | Completed | Outflank B.V. | - | ||||||||
| Add-on | Completed | Terranova Security | - | ||||||||
| Add-on, Trade Sale | Completed | Alert Logic, Inc. | - | ||||||||
| Add-on | Announced | Tripwire, Inc. | - |
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