PrivCo

Date	Status	Stake Acquired	Deal Price	Deal Type	Currency Used
January 2002	Completed	100%	$15,100,000	Acquisition	Cash, Stock

Target	Buyer
Pijnenburg Securealink, Inc. Industry: Information Technology Services & Consulting	SafeNet, Inc. Belcamp, Maryland, United States Stake Acquired: 100 %

Deal Amount
Deal Price	$15,100,000

Financials for Target: Pijnenburg Securealink, Inc.		Transaction Multiples		Transaction Multiples w/ Max. Contingency
Total Assets 2002	$3,800,000	EV / A	3.97x	EV / A
Stockholder's Equity 2002	N/A	EV / SE		EV / SE
Revenues 2002	$8,700,000	EV / R	1.74x	EV / R
Net Income (Loss)	N/A	EV / E		EV / E
Cash Flow	N/A	EV / CF		EV / CF
EBITDA	N/A	EV / EBITDA		EV / EBITDA
Operating Income (Loss)	N/A	EV / OI		EV / OI

Deal Notes

The transaction was financed using $10.6 million in SafeNet common stock, $2 million cash, $2 million convertible 3-year note at 5%, and $450,000 transaction costs.

Business Description for Buyer: SafeNet, Inc.

SafeNet, Inc. is a privately-held company that operates in the computer equipment industry. SafeNet, Inc. headquarters are located in Belcamp, Maryland.

Upgrade to PrivCo Premium	or	$99 Single Company Access
Instant Full Site-Wide Access (includes access to all company, investor, and deal details)		Report on Private Company: SafeNet, Inc. (includes access to this company and its deal details)

Choose Region(s):
Or Enter Location (US, CAN, UK): within miles
Annual Revenues search is available on PrivCo Premium. Upgrade to PrivCo Premium Subscription Annual Revenues:
Industry:
Go to Advanced Search

Private Companies	209,275
Private Investors	12,046
Private M&A Deals	43,225
VC/Funding Rounds	36,157
Total Data Points	95,786,176

SafeNet, Inc. Acquires Pijnenburg Securealink, Inc.

PrivCo Private Deals Newsletter.
It's FREE!

Who We Serve

Problems We Solve

Worldwide
United States
Alabama
Alaska
Arizona
Arkansas
California
Colorado
Connecticut
Delaware
Washington, D.C.
Florida
Georgia
Hawaii
Idaho
Illinois
Indiana
Iowa
Kansas
Kentucky
Louisiana
Maine
Maryland
Massachusetts
Michigan
Minnesota
Mississippi
Missouri
Montana
Nebraska
Nevada
New Hampshire
New Jersey
New Mexico
New York
North Carolina
North Dakota
Ohio
Oklahoma
Oregon
Pennsylvania
Puerto Rico
Rhode Island
South Carolina
South Dakota
Tennessee
Texas
Utah
Vermont
Virginia
Washington
West Virginia
Wisconsin
Wyoming
Canada
Alberta
British Columbia
Manitoba
New Brunswick
Newfoundland and Labrador
Northwest Territories
Nova Scotia
Nunavut
Ontario
Prince Edward Island
Quebec
Saskatchewan
Yukon
Europe (all countries)
UK
Germany
France
Italy
Europe (excluding UK)
Asia-Pacific (all countries)
Australia
China
Hong Kong
India
South Korea
Taiwan
Japan
Asia-Pacific (excluding India)
Latin America (all countries)
Middle East & Africa (all countries)

SafeNet, Inc. Acquires Pijnenburg Securealink, Inc.

PrivCo Private Deals Newsletter.It's FREE!

Who We Serve

Problems We Solve

PrivCo

PrivCo Private Deals Newsletter.
It's FREE!