Redwood Software, an automation company for business processes and a portfolio company of Turn/River Capital, has acquired Cerberus, a secure file transfer provider serving global organizations.
Founded in 2001 and located in Arlington, Va., Cerberus is focused on helping with customers’ secure file transfer needs with Cerberus FTP Server, the company’s file transfer server for Windows. Following Redwood’s recent acquisition of Tidal Software, Cerberus further adds to Redwood’s automation and managed file transfer portfolio, which also includes RunMyJobs, ActiveBatch and Jscape.
“Cerberus’s highly reliable, secure file transfer solutions serve as the data transmission backbone for some of the largest enterprises in the world and now, paired with Redwood’s full stack enterprise automation portfolio, we can expand their use of automation across an even wider range of mission-critical business processes,” comments Kevin Greene, Redwood CEO.
Quiet Light Brokerage served as M&A advisor and Bean, Kinney & Korman served as legal advisor to Cerberus on the transaction. Turn/River was advised by Lincoln International and Orrick.