Mirus completes 409A valuation for nitro Security
In early 2011, Mirus was engaged to provide valuation services to NitroSecurity, a privately held provider of high-performance security information and event management (SIEM) solutions, specifically in support of the Company’s ISO plan, subject to IRC 409A. In November 2001, security giant McAfee acquired NitroSecurity.
NitroSecurity’s founders and roots come from the U.S. Department of Energy’s Idaho National Laboratory, giving it extensive experience with critical infrastructures in the energy sector, creating a sweet spot for the Portsmouth, NH-based company in a sector that has come into the spotlight following Stuxnet and a general rise in concern over critical infrastructure security.
About Mirus Capital Advisors
Mirus Capital Advisors provides investment banking solutions to corporate clients in technology, business services, manufacturing, consumer products, health care, and the resort & hospitality industry. Since 1987, Mirus has provided corporate finance advisory services on engagements including mergers, acquisitions, divestitures, recapitalizations, and valuations. For additional information, visit www.merger.com.Back to Transactions