Congratulations to the folks at Appriver on their sale to Zix for $275 million. Not a lot of detail was provided other than the combined company will have revenue at closing of approximately $180 million. Appriver has long been a leading provider of email and related services and is a terrific asset for any company. Zix provides email security for compliance.
Author: Hillary Stiff is President of Cheval M&A. She has been an investment banker and CFO, completing M&A transactions and arranging financing for a number of companies including NTT/Verio, The Endurance International Group and Web.Com among many others. She has helped complete over 470 successful web hosting, ISP and related transactions and distributes a list of hosting and related companies that are for sale.