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New Deal


Announced

Completed

Warburg Pincus completed the acquisition of a minority stake in Infoblox, from Vista Equity for $1.5bn.

Financials

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Transaction Value£1,151m
Consideration TypePreference Shares, Cash
Capital Owned-
Capital Bid For50%
EV/Sales6x
EV/EBITDA17.72x
Share Price Premium-
One Off Charge-

Tags

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network security

Acquisition

Private Equity

Domestic

Minority

Completed

United States

DNS Secutity

Security Equipment

network hardware

Public

Friendly

Single Bidder

cybersecurity

Synopsis

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Warburg Pincus, a private equity firm, completed the acquisition of a minority stake in Infoblox, a network security services provider, from Vista Equity Partner, a private equity firm, for $1.5bn. "The modern enterprise is becoming increasingly dispersed and the number of connected devices is growing exponentially. As a result, modern networks have become significantly more complex. This investment will further help strengthen our industry-leading DDI products while at the same time doubling down on our vision to provide cloudmanaged networking and security applications that are scalable, flexible and delivered as a service on top of our BloxOne Platform. We are thrilled to have two long-term investment partners that share our vision," Jesper Andersen, Infoblox President and CEO.

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