Hellman & Friedman completed the acquisition of a majority stake in Checkmarx from Insight Partners for $1.2bn.

Hellman & Friedman completed the acquisition of a majority stake in Checkmarx, a provider of software security solutions for DevOps, from Insight Partners and K1 Investment for $1.2bn. TPG has partnered with H&F and will hold a minority interest in the Checkmarx together with Insight Partners. “Now, more than ever, security must be top-of-mind for us all. We are relentless in our mission to empower organizations to deliver secure software at scale. The team at Checkmarx is looking forward to this next phase of growth and to further advancing our leadership position in the software security market,” Emmanuel Benzaquen, Checkmarx CEO.