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New Deal


Announced

Completed

KKR and Ten Eleven led a $90m growth funding in NetSPI.

Financials

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Transaction Value£63m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Venture Capital

Friendly

Private Equity

Minority

IT Services: Other

Single Bidder

Private

cybersecurity

penetration testing

Completed

United States

Domestic

Acquisition

Synopsis

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KKR, an investment firm, and Ten Eleven, a venture capital firm, led a $90m growth funding in NetSPI, a enterprise penetration testing and attack surface management company. “The reality is that cyber security attacks today are inevitable and put organizations at grave risk. At NetSPI, we strive to stay one step ahead of hackers, breaches, and bad actors by focusing on prevention-based security techniques. Rooted in the founding tenets of the company, our goals are purposely aggressive to help our clients adapt to the constantly evolving threat landscape,” Aaron Shilts, NetSPI President and CEO.

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