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New Deal


Announced

Completed

TPG and Thoma Bravo-backed McAfee completed the acquisition of Light Point Security.

Financials

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

Tags

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browser isolation

IT Services: Other

Acquisition

Single Bidder

United States

Private

Majority

Friendly

Domestic

Completed

Private Equity

Synopsis

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TPG and Thoma Bravo-backed McAfee, the device-to-cloud cybersecurity company, completed the acquisition of Light Point Security, a provider of browser isolation. Financial terms were not disclosed. “Web browsing is one of the most common threat vectors for endpoints to get infected. Adding Light Point Security’s capabilities into our products will create solutions that enable our customers to mitigate web-based threats without impacting user experience. We are constantly working to find ways to help our customers safely adopt the cloud so they enjoy increased productivity without experiencing heightened concerns about cyber-attacks. Light Point Security’s browser isolation capabilities will bolster the McAfee Unified Cloud Edge offering to make it a preferred solution for security-focused businesses without compromising on productivity,” Ash Kulkarni, McAfee EVP and Chief Product Officer, Enterprise Business Group.

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