Cedar Group - Cipher Systems

August 2000
Buyer

United Kingdom

Seller

Canada

About the transaction

Headquartered in Calgary, Alberta, Cipher Systems is a leading provider of IT services and solutions to corporations and government agencies.

Corum Group advised Cipher Systems on its sale to Cedar Group US,  a subsidiary of Cedar Group Plc, the publicly traded provider of knowledge based enterprise business systems. The acquisition of Cipher Systems fits perfectly into Cedar's strategy to expand into the North American CRM marketplace.