85 Advisors acts as exclusive financial advisor to NetGovern on its recent sale to Ipro Tech
NEW YORK, NY – July 7, 2020 – 85 Advisors is pleased to announce the sale of NetGovern, a leader in information governance, risk, and compliance software, to Ipro Tech.
NetGovern provides an information governance software platform that enables regulated organizations to analyze, secure, and manage their unstructured data – including email, text, and documents. Using its information archiving and governance software, mid-sized organizations can solve data compliance, safeguard personal information, simplify eDiscovery, and protect their reputation.
Ipro is the global leader in eDiscovery technology used by legal professionals to streamline discovery of electronic data through presentation at trial. Ipro draws upon decades of innovation to deliver high-performance software, services, and support, flexibly deployed via Desktop, On-prem, Cloud, or Hybrid solutions, significantly reducing the cost and complexity of eDiscovery.
85 Advisors acted as exclusive financial advisor to NetGovern in connection with the transaction. Financial terms were not disclosed.
A link to Ipro’s press release announcing the transaction is available here.
About NetGovern
NetGovern was founded in 2001 with the idea that information is a precious asset that must be protected. Eighteen years later, NetGovern's information archiving and governance software helps mid-sized organizations solve data compliance, safeguard personal information, simplify eDiscovery, and protect their reputation. Our all-in-one solution offers the fastest speed to value, lowest total cost of ownership (TCO) and most secure and far-reaching visibility into sensitive data. Based in Montreal, Canada, we provide a comprehensive suite of solutions to help businesses safeguard, access, and manage all their unstructured data – including email, text, documents, and more.
About 85 Advisors
85 Advisors is a strategic and financial advisory firm that helps technology companies plan, analyze and execute successful growth, financing, and M&A strategies. We work closely with our clients' senior management and board of directors to evaluate, plan and execute myriad strategic alternatives, including mergers, acquisitions, financings, joint ventures, and divestitures. Our focus and expertise extend beyond traditional investment banking services and, accordingly, we serve as a trusted and objective advisor to growth-stage and middle market technology companies on a variety of investment, growth, and operational matters. Our recommendations are informed by our extensive domain expertise paired with rigorous analysis of relevant macro, industry, company- and situation-specific factors. To this end, we have a strong track record of anticipating disruptive trends and changes in the competitive dynamics within the IT sector and advising our clients on how to exploit these shifts proactively.