Sale of SafeBoot to Summit Partners (USA)
SafeBoot is the world’s largest developer of encryption software and management systems to allow large corporations to protect the integrity of data on their mobile devices. With more than two million users, CBI’s SafeBoot® solutions have the largest installed base of any device and data security solution. Summit Partners is a leading private equity and venture capital firm with offices in Boston, Palo Alto and London. Summit Partners invested Euro 39 million to acquire a majority stake from existing shareholders, including ABN AMRO Capital.
PhiDelphi Corporate Finance acted as advisor to SafeBoot.