Viking Mergers & Acquisitions, a well-known M&A firm, has successfully closed on the sale of Corporate Armor, a B2B IT Security Reseller based out of Charlotte, NC. Corporate Armor was founded in 2011 by Thomas Schiffers and a partner, after selling his previous IT business through Viking Mergers. Thomas Schiffers has grown Corporate Armor significantly since its inception and is now one of the leading IT security providers in North America.
Greg White, a Senior Advisor at Viking Mergers & Acquisitions, represented Schiffers during the transaction. Within 3 months of listing the business, an offer was made by a cyber intelligence firm.
Due to the teamwork and collaboration seen from both the buyer and seller, the deal was able to close only 5 weeks after the offer was made. “I could not be more pleased with the outcome of this deal. I applaud Viking Mergers for their professionalism and focus, which lead to the 5 week closing period!”, says Thomas Schiffers. The new owners of Corporate Armor plan to continue growing the business and exploring new growth opportunities.