Advisor to Leading Singapore Cybersecurity Company

Our team advised the shareholders of Singapore headquartered deep technology cybersecurity company (“Company”), on its acquisition by a global cybersecurity platform that is co-owned by a Singapore sovereign wealth fund and a leading Singapore telecommunications company.

The Company is a deep technology company delivering solutions to the government and the private sector in the areas of cryptographic technology, digital security and other high security applications and products. One of the company’s hallmark projects is the computational and security core in the Electronic Road Pricing (ERP) In-Vehicle Unit which is currently in use in Singapore’s ERP systems. The Company has a 20-year track record for innovation, reliability, and performance in military, government and commercial markets. The team has decades of experience in cryptography, network security, electronics, mechanical engineering and embedded software with proven capability to turn concept into industrialized product, rapidly and effectively. The company has capabilities across defense and security solutions, transportation, IoT and high-performance computing.

The buyer is Asia's largest integrated pure-play cyber-security. With over 800 professionals the buyer provides bespoke cybersecurity services which include professional services, designing and building enterprise-wide cyber-security solutions and managed security services. Its machine learning and proprietary Big Data capabilities also provide clients with access to advanced threat detection and the ability to provide round-the-clock monitoring services through the largest security operation centre in the region. The acquisition enables the buyer with topnotch engineering and cryptographic capabilities. This enhances the buyer’s ability to provide advanced cybersecurity solutions to secure enterprises and sectors against advanced threats in today’s digital economy.

Our team served as the exclusive advisor to the seller. Due to three party negotiation, the deal dynamics were highly complex with numerous challenges that arose during the deal process. Our team patiently navigated the seller to achieve an optimal outcome that maximized shareholder value. We achieved a valuation and deal outcome over and above the seller’s expectation. 

Note: This transaction was executed by the Mergerstone leadership team before the incorporation of the company.