Vasco closes $113 mln buy of Georgian Partners-backed Silanis
VASCO Data Security International Inc (NASDAQ: VDSI) has closed its buy of Silanis Technology Inc, a Canadian electronic signature solutions provider. The purchase price was about $113 million. As reported by PE Hub Canada in October, Silanis was one of the earliest investments of Canadian growth equity firm Georgian Partners. The Montréal-based company currently processes more than 600 million e-signed transactions annually. Silanis CEO Tommy Petrogiannis told PE Hub Canada the combination of his business with VASCO "will create the world’s largest digital transaction e-signature supplier.”
27 November 2015•4 mins read
