Deal typeTransaction Services
IndustryTechnology & Media
Client nameExclusive Networks
Exclusive Networks, a global cybersecurity go-to-market specialist, announces the acquisition of 100% of DAN Distribution, a leading distributor of cutting-edge cybersecurity solutions in the Baltic States.
This acquisition empowers Exclusive Networks to create new growth opportunities for its vendors across Estonia, Latvia, and Lithuania, while further solidifying its position as Fortinet’s leading global distribution partner.
Headquartered in Riga, Latvia and with office in Vilnius, Lithuania, DAN Distribution has been a long-term distributor of Fortinet since 2004. The company was established in 2024, as a spin-off of DAN Communications by Ileana Rutman (CEO of DAN Communications) and Aleksandrs Libensons (Managing Director of DAN Distribution).
The BDO Deal Advisory teams have perfomed the Financial Due Diligence and the Tax Due Diligence.
This acquisition empowers Exclusive Networks to create new growth opportunities for its vendors across Estonia, Latvia, and Lithuania, while further solidifying its position as Fortinet’s leading global distribution partner.
Headquartered in Riga, Latvia and with office in Vilnius, Lithuania, DAN Distribution has been a long-term distributor of Fortinet since 2004. The company was established in 2024, as a spin-off of DAN Communications by Ileana Rutman (CEO of DAN Communications) and Aleksandrs Libensons (Managing Director of DAN Distribution).
The BDO Deal Advisory teams have perfomed the Financial Due Diligence and the Tax Due Diligence.