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Sverica International Announces Accuvant Acquisition
July 31, 2008

Denver, CO – July 31, 2008 – Sverica International has acquired a majority interest in Accuvant, Inc. (“Accuvant”), a leading national provider of information security solutions and professional services to enterprise class customers. Accuvant is headquartered in Denver, Colorado. Financial details of the transaction were not disclosed.

Accuvant resells a variety of security technologies manufactured by leading, best-of-breed technology vendors. In addition to the deployment of technology, the Company’s professional services arm offers enterprise assessments, PCI audit services, and IT compliance policy development and implementation. Accuvant’s experienced account managers and engineers provide the high-touch interaction and in-depth knowledge their clients need to navigate the security landscape. The Company’s seasoned consultants ensure timely, expert execution of projects. With a unique, singular focus on information security and a customer-centric sales strategy, Accuvant differentiates itself as a trusted advisor to its clients and a true value-added distributor to its manufacturing partners.

Sverica has partnered with Accuvant’s management team to assist in continuing the Company’s rapid growth while optimizing and standardizing its processes and operations. Frank Young, Partner at Sverica International, commented on the recently completed acquisition: “Since Accuvant’s founding in 2002, the Company has rapidly grown into one of the largest and most respected security and compliance providers in the country. The talented management team has accomplished this by building a corporate culture with a strict focus on providing the highest value expert consulting and best-of-breed technology to customers. We are thrilled to have the opportunity to partner with this team and are committed to working with them to evolve Accuvant’s comprehensive security offering and to ensure continued growth.”

For Accuvant, the partnership with Sverica marks an important milestone in the Company’s evolution. “This transaction with Sverica is an impetus for us to continue our rapid growth, as their involvement strengthens our board and increases the strategic resources available to the management team,” stated Scott Walker, Vice President of Operations of Accuvant. “We believe Sverica’s investment will help us accelerate our plans for expansion into new regions and increase our strategic value to customers.”

About Accuvant
Accuvant resells a variety of security technologies manufactured by leading, best-of-breed technology vendors. In addition to the deployment of technology, the Company’s professional services arm offers enterprise assessments, PCI audit services, and IT compliance policy development and implementation. Accuvant serves one-quarter of Fortune 100 companies, one in five of the Fortune 500, and several hundred other large companies and government agencies throughout the United States. The Company operates out of 21 sales offices, primarily in the Western and Midwestern states. For more information, please visit www.accuvant.com.

About Sverica International
Sverica International is a leading middle-market private equity firm based in Boston, MA and San Francisco, CA. The firm acquires, invests in and actively builds companies that are or could become leaders in their industries. Since 1993, Sverica has maintained a “high touch” operating philosophy of taking an active role in portfolio companies. Sverica devotes significant internal resources to help its management teams develop and execute growth strategies.

 
 
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