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New Deal


Announced

Carbonite acquired Webroot for $618m.

Financials

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Transaction Value£477m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Security Equipment

United States

Pending

Acquisition

cybersecurity

Private

Synopsis

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Carbonite, a leading cloud-based data protection provider, acquired Webroot, a leading cybersecurity company, for $618m. The combined business will address a top vulnerability of businesses - the endpoint - with a comprehensive approach to protection through cloud-based cybersecurity, paired with cloud-based backup and recovery. The transaction is expected to be immediately accretive on an earnings and cash flow basis, following the close of the transaction.

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