Devensoft Achieves Highest Level Security in Mergers and Acquisitions Software with ISO 27001, ISO 27018 and EU-US Privacy Shield Certifications

CHANTILLY, Va., Nov. 16, 2018 /PRNewswire/ -- Since 2013, Devensoft's cloud-based M&A management software has been helping Corporate Development and Integration Management teams run their M&A programs more efficiently and cost-effectively – from target pipeline management, to due diligence and post-merger integration.  Now, Devensoft has taken its commitment to security to the next level with certifications in ISO 27001, ISO 27018 and EU-US Privacy Shield.

Every M&A team knows the importance of securing their data, especially when it is stored in the cloud.  Most organizations classify this type of data as sensitive or confidential; and rightfully so.  To complicate matters, the latest GDPR rules have created additional burden on companies to protect individual's personal data.  Companies must be particularly vigilant, now more than ever, when working with third-party software companies.

"As Devensoft supports an increasingly global user base, it is imperative for us to show our customers and the industry that we care deeply about securing their data.  It is not enough to just say we protect customer's data - we wanted to prove it," says Nick Perdikis, CEO at Devensoft.  "Being ISO 27001 certified signals to the world that we have in place a robust Information Security Management System and continuous improvement process that meets the strictest standards in the industry.  Everyone should be aware by now about GDPR, so we wanted to get a head start on compliance and provide our customers an added level of assurance.  Therefore, we took our commitment one step further and attained ISO 27018 certification, which covers data privacy protection."

Companies ranging in size from middle-market to global enterprises have adopted Devensoft's M&A management platform for its robust capabilities, ease-of-use, and strong security.   Devensoft is supporting Corporate Development and Post-Merger Integration (PMI) teams on a global scale on deals ranging from $300M to $65B in size.  "We have seen an unprecedented rate of adoption within our customer base, driven by the simplicity of our user interface and the power of our back-end architecture" says Nick Perdikis.  "We have exciting plans for 2019 that will change the way people interact with our platform and bring even greater flexibility and efficiency to the entire M&A workflow."

For more information on Devensoft's Security Assurance Program, please check out https://www.devensoft.com/products/security/

About Devensoft

Deven Software (Devensoft) is exclusively focused on bringing its innovative M&A cloud solution to corporate development and post-merger integration teams around the world. Devensoft offers Transact, Integrate and Enterprise in a secure SaaS cloud environment. For more information on Devensoft and the EMA suite of products, please visit https://www.devensoft.com. Product demos are available by contacting us at [email protected] or 855-DEVENSOFT (855.338.3676) and +1.301.979.9996.

Media contact:
Nick Perdikis
[email protected] 
301-979-9996

SOURCE Devensoft

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