Author: Mary-Louise Hoffman|| Date Published: July 12, 2022
Grayshift, a provider of mobile device forensics technology to law enforcement and government investigative agencies, has received a strategic growth investment from private equity firm Thoma Bravo.
Thoma Bravo said Thursday that Grayshift’s purpose-built software offering works to help public safety organizations conduct lawful recovery of digital evidence.
David Miles, co-founder and CEO of Grayshift, said the company is aiming to grow its international team and products portfolio as well as pursue acquisition opportunities.
Grayshift shareholders PeakEquity Partners and C&B Capital will remain invested in the cellphone forensics tool provider.
Kirkland & Ellis acted as Thoma Bravo’s legal counsel on the transaction.
Morgan Stanley and DLA Piper respectively provided financial and legal advisory services to Grayshift.
In 2021, Grayshift was awarded a $3.8 million sole-source purchase order by the U.S. Immigration and Customs Enforcement.
Redhawk Federal Solutions has acquired Twenty8 Technology to expand its data interoperability and artificial intelligence and machine learning engineering capabilities.…
Antenna Research Associates has appointed Jay Abendroth, a seasoned defense electronics executive, as chief growth officer to lead business development…
Precise Systems has appointed Michael “Mike” Risik as vice president of business development. The Lexington Park, Maryland-based company said Wednesday Risik will…