Dry Line Partners Backs Jungle Disk Acquisition of 3 Tech Companies
The new San Antonio and Austin, Texas-based private equity fund Dry Line Partners LLC has announced its first business acquisitions that will help grow an Alamo City cybersecurity company. Dry Line worked with Porthcawl Holdings LLC to back Jungle Disk’s purchase of three businesses from parent company J2 Global, Inc., a leading internet information and services company with a portfolio of brands. The acquired businesses, KeepItSafe, LiveVault, and OffsiteDataSync., will bring these three "global backup and disaster recovery businesses under a common ownership, increasing the capabilities for us [Jungle Disk] to meet customer needs," said Bret Piatt, CEO of Jungle Disk, a San Antonio online backup software service and data security company.Piatt is an entrepreneur and investor wh...