Financial Advisor
AuthAir, Inc.
M&A Advisory
A Portfolio Company of
Has Been Acquired By
Transaction Details
- On March 1, 2017, LogMeIn, Inc. (“NasdaqGS:LOGM” or “LogMeIn”) announced the acquisition of AuthAir, Inc. (“AuthAir”), a portfolio company of .406 Ventures, which closed October 31, 2016.
- AuthAir is a provider of proximity-based security and wireless authentication solutions.
- Stephens Inc. served as the exclusive financial advisor to AuthAir.
About the company
AuthAir
AuthAir is a provider of proximity-based security and wireless authentication solutions with real-time analytics to assist healthcare providers - large and small - with compliance, regulation and effective business intelligence to enhance strategy and performance. AuthAir was introduced to the .406 Ventures portfolio of companies in 2013 and is headquartered in Woodbridge, CT.
LogMeIn
LogMeIn is a market leader in communication and conferencing, identity and access, and customer engagement and support solutions offering both free and fee-based subscription software services. LogMeIn is headquartered in Boston, MA with additional locations in North America, Europe, Asia and Australia and serves customers in virtually every country worldwide.
According to LogMeIn’s 10K and AuthAir’s Website
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