.
MergerLinks Header Logo

New Deal


Announced

Completed

Symphony Technology Group completed the acquisition of the Enterprise business of McAfee for $4bn.

Financials

Edit Data
Transaction Value£2,889m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales3.1x
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

United States

Software

Private

Private Equity

Domestic

Acquisition

Friendly

cybersecurity

Majority

Single Bidder

Completed

Synopsis

Edit

Symphony Technology Group, an American private equity firm, completed the acquisition of the Enterprise business of McAfee, an American global computer security software company, for $4bn. "STG is the right partner to continue strengthening our Enterprise business, and this outcome is a testament to the business’ industry-leading solutions and most notably to the outstanding contributions of our employees. This transaction will allow McAfee to singularly focus on our consumer business and to accelerate our strategy to be a leader in personal security for consumers," Peter Leav, McAfee President and CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US