Deal
ROCKWELL AUTOMATION, INC acquires Verve Industrial Protection
November 2023
Full acquisition
Ready
01 Scorecard
The deal at a glance
Private-market deal
ROCKWELL AUTOMATION, INC acquires Verve Industrial Protection
Deal value
(not disclosed)
Sector
Lifecycle Services
Date
November 2023
VectorShift
Made on VectorShift
ROCKWELL AUTOMATION, INC acquired Verve Industrial Protection, a transaction completed in November 2023, structured as all cash.
Verve Industrial Protection operates in Lifecycle Services. Verve Industrial Protection is a cybersecurity software and services company that focuses specifically on industrial (OT) environments. Goodwill of $133.5 million and $47.2 million of intangible assets were recorded on the acquisition.
Expands Rockwell's industrial cybersecurity portfolio for operational-technology environments.
Lifecycle Services segment
Advisors not disclosed
No advisory firms have been disclosed for this transaction.