Grayshift, LLC

• Industry Technology
• Type M&A Buy-Side

About
Grayshift is a leading provider of mobile device digital forensics, specializing in lawful access and extraction. Grayshift solutions are purpose-built to help law enforcement and government investigative agencies swiftly resolve critical investigations and ensure public safety. The Company's innovative GrayKey technology provides same-day access, complete control, and comprehensive data extraction from mobile devices. Designed and assembled in the United States, GrayKey is trusted by over 1,200 agencies across 35 countries worldwide.

Situation
Croft & Bender recognized that Grayshift’s market leadership position in a rapidly growing and unique industry would make it an attractive investment opportunity for a growth-oriented, software-focused investment firm. Croft & Bender, which had an established relationship with both the management team at Grayshift and with Thoma Bravo, introduced the parties and helped facilitate the transaction.

Result
Croft & Bender helped its client, Thoma Bravo, successfully consummate a strategic growth investment in Grayshift.