.
MergerLinks Header Logo

Announced

Completed

Clearlake Capital completed the investment in Francisco Partners-backed BeyondTrust.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Domestic

Software

Private Equity

Single Bidder

software solutions

United States

Minority

Friendly

Acquisition

Private

Completed

Synopsis

Edit

Clearlake Capital, a private investment firm, completed the investment in Francisco Partners-backed BeyondTrust, a worldwide provider of privileged access management software solutions. Financial terms were not disclosed. “With Francisco Partners’ financial support and resources, we not only scaled our global offerings through organic development and meaningful acquisitions, but also expanded and enhanced our cloud product portfolio. The additional investment from Clearlake both reflects the success that BeyondTrust has been able to achieve over the years and validates our mission to revolutionize Privileged Access Management. Going forward, Clearlake’s extensive experience investing in market-leading software companies, particularly in the cybersecurity segment, will help further support our growth and acquisition strategy," Matt Dircks, BeyondTrust CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

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

CONTACT US