Evergreen Advisors Capital is pleased to announce the publication of our Q1 2019 Digital Health Market Update. The update provides industry and insights on notable transactions, a detailed look at M&A and private placement activity, and data on valuation metrics and stock price performance.
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Digital Health Market Update Spring 2019
Evergreen Advisors, a middle market Investment Bank and Corporate Advisory Firm, with offices in both Columbia, MD and McLean, VA, is pleased to announce the addition of Franz Henggeler as a Director in our Columbia office.
“We are delighted to welcome Franz to Evergreen Advisors. We are seeing significant activity in the cybersecurity space driven by, new developments in cybersecurity products, a robust economy, and excess cash for both strategic and financial acquirers. Most recently at Datatribe, Franz sourced deals focused on cyber, analytics, and data science, he brings a wealth of experience in the cyber and data science space to our team.” stated Rick Kohr, Chief Executive Office of Evergreen Advisors.
Prior to Evergreen, Franz worked at DataTribe, and was responsible for sourcing, developing, conducting due diligence, structuring and documenting potential investments, while working closely with portfolio companies providing support, connecting them to customers, resources and thought leaders across public and private sectors. Before DataTribe, Franz played a key role as a part of Henggeler Consulting, where he helped oversee a variety of value-added core functions including finance, operations, business development and acquisition support. Henggeler Consulting was acquired by defense contractor Raytheon in 2011. His broad experience across multiple aspects of business afford him a unique perspective and understanding of the data science and cybersecurity challenges in today’s business environment.
Join Evergreen Advisors and thousands of other industry professionals at the RSA Conference 2019 in San Francisco, California. The conference will be held at the Moscone Center and will take place March 4th -8th 2019.
Top information security professionals and business leaders will discuss emerging cybersecurity trends and formulate best strategies for tackling current and future threats. At this year’s event, attendees will have access to more than 500 exhibitors, more than 400 expert-led sessions, and invaluable networking opportunities to learn more about new approaches to info security discover the latest technology and interact with top security leaders and pioneers.About Evergreen Advisors
Evergreen Advisors, a middle market Investment Bank
Evergreen Advisors Capital, a middle-market investment bank, is pleased to announce that Global Technology Associates, LLC (“GTA”) has been acquired by Kelly Services (“Kelly”). Evergreen Advisors Capital acted as the exclusive financial advisor to GTA. Lacki & Company, LLC provided legal advice to GTA.
GTA is a leading provider of high-value engineering, technology, and business consulting services to the telecommunications industry – assisting clients with maximizing infrastructure potential and evolving networks and services to address market opportunities. Bridging the gap between business and technology, GTA provides a wide range of services tailored to address client needs across the telecommunications value chain – from the network edge to the network core, and the enabling technologies being developed and deployed to deliver next-generation services.
“We explored several strategic alternatives to address our future growth opportunities. Kelly’s brand recognition and size support GTA’s growth objectives,” said Farzad Ghassemi, Executive Chairman of GTA, “The partnership with Kelly is a great outcome for our employees and clients. ”
[Read more…]The Cybersecurity Association of Maryland Inc (CAMI) has elected its 2019 Executive Committee and Board of Directors with Gina Abate, President & CEO of woman-owned, Elkridge-based Edwards Performance Solutions, serving a second term as Chairperson. The 2019 slate of officers are as follows:
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Evergreen Advisors, LLC is pleased to announce that Shelley Lombardo, Chief Operating Officer, has been elected to the board of the Cyber Association of Maryland (CAMI). CAMI was established in 2015 to generate sales and jobs through Maryland’s cybersecurity industry. CAMI is Maryland’s only organization dedicated 100% to the growth of Maryland’s cybersecurity industry. [Read more…]
Cybersecurity is a constantly evolving subject matter for businesses. Like the computer viruses that are generally associated with the term, the issue itself has proven infectious for corporations both in its reach and impact as it grows over time.
Many organizations have learned the hard way that it is also a very costly subject matter. A study produced by IBM and the Ponemon Institute suggests that the average cost of fixing or resolving a data breach is more than $3.86 million. That number is only expected to grow. [Read more…]
Evergreen Advisors Capital, a middle-market investment bank, is pleased to announce that Dunbar Cybersecurity (“Dunbar”) has been acquired by ControlScan. Evergreen Advisors Capital acted as the exclusive financial advisor to Dunbar.
Founded in 2012, Dunbar Cybersecurity offers tailored solutions to enable the safety and enhanced protection of client networks, cloud infrastructure, and end users. The acquisitions includes their well-established Security Operations Center (SOC) and powerful SIEM platform, Cyphon. The Cyphon platform streamlines incident management through a single platform. It receives, processes and triages events to provide an all-encompassing solution for analytic workflow — aggregating data, bundling and prioritizing alerts, and empowering analysts to investigate and document incidents. These advanced capabilities add to the best-in-class service ControlScan delivers to their mid-level enterprise clients. [Read more…]
Evergreen Advisors Capital, a middle-market investment bank, is pleased to announce that Chesapeake Electrical Systems, Inc. (“Chesapeake”) has been acquired by Aldridge Electric (“Aldridge”). Evergreen Advisors Capital acted as the exclusive financial advisor to Chesapeake.
Chesapeake provides the full range of electrical contracting services to a wide variety of clients in the commercial and industrial sectors. Founded in 1993, Chesapeake has completed contracts on some of the region’s most recognizable landmarks, including Dulles and Reagan International Airports, the Raven’s M&T Bank Stadium, D.C.’s Walter E. Washington Convention Center, and the Washington Beltway Express Lanes. [Read more…]
