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VigilantMinds is Acquired by Solutionary
Leading security services companies merge
March, 2007 | Minneapolis, MN

TripleTree’s client VigilantMinds, a provider of managed security solutions and professional security consulting, was acquired by Solutionary, a leading provider of security services. With TripleTree at the helm of this strategic move, the merged companies will serve 300 MSS customers with 9,000 managed/monitored devices under contract. The companies plan a rapid and seamless integration to be completed over the next several months.

Steve Idelman, Solutionary's president and CEO is excited about the future for the integrated organizations. "This is a natural symbiotic partnership between two strong companies with complementary skills and service offerings," said Idelman. "As we worked with the VigilantMinds team, we were impressed with their experience, knowledge, dynamic culture and the similarities to Solutionary in dedication to excellent customer service. We also quickly learned the many synergies and client benefits that would be derived from combining the two companies "

VigilantMinds CEO John Foley will become Solutionary's president. "With a coast-to-coast seasoned sales team, certified security professionals, and a mature suite of services, Solutionary's strategic partners and customers stand to gain in a big way," says Foley. "The resulting organization will be even better positioned to provide strategic security solutions for our global customer base. We are excited about the challenge of leveraging the capabilities of the combined team to meet the demands of the security marketplace."

TripleTree, LLC is a research-based investment bank serving growth companies, investors and global acquirers.  TripleTree conducts proprietary research that guides our work in M&A, growth capital and financial advisory services.  Our value-based approach benefits technology-enabled businesses in sectors where delivery models are converging technology and services, and all sectors where CEO’s and investors are in search of creative ways to disrupt markets and unleash value.

TripleTree’s unique personality is shaped by the experience of our principals who as former business builders and transaction professionals create strategic outcomes that maximize value for our clients. The firm is located in Minneapolis.

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