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Announced

Completed

Symphony Technology Group completed the acquisition of the products business of FireEye for $1.2bn.

Financials

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Transaction Value£847m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

Private Equity

United States

Security Equipment

security technology

Private

Friendly

Majority

Acquisition

Domestic

Completed

Synopsis

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Symphony Technology Group, a private equity firm, completed the acquisition of security equipment manufacturer FireEye's products business, including the FireEye name, for $1.2bn. "We are extremely impressed by the FireEye Products business and the mission critical role it plays for its customers. We believe that there is enormous untapped opportunity for the business that we are excited to crystallize by leveraging our significant security software sector experience and our market leading carve-out expertise," William Chisholm, STG Managing Partner.

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