Bain Capital and Crosspoint Capital to acquire ExtraHop for $900m.

Bain Capital and Crosspoint Capital, two private equity firms, agreed to acquire ExtraHop, a provider of cloud-native cybersecurity solutions, for $900m. The transaction is expected to close in the summer of 2021 and is subject to customary closing conditions, including receipt of regulatory approvals. “By combining our exceptional team, market need, and technology with the deep domain expertise and resources of Bain Capital and Crosspoint Capital, ExtraHop has the opportunity to grow faster and accelerate our innovation to help our customers defend their operations from even the most advanced threats,” Arif Kareem, ExtraHop CEO.