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New Deal


Announced

Completed

CapitalG and Paladin Capital led a $140m Series E funding round in Expel.

Financials

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Transaction Value£104m
Consideration TypeCash
Capital Owned-
Capital Bid For14%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Venture Capital

Software

Completed

United States

network management software

Acquisition

Cross Border

Minority

Private

Private Equity

Friendly

cybersecurity

Synopsis

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CapitalG, a private equity firm, and Paladin Capital, a private equity firm, led a $140m Series E funding round in Expel, a managed detection and response provider. Additional investors include Cisco Investments, March Capital, Index Ventures, Scale Venture Partners and Greycroft. “Expel not only delivers world-class, next-generation security at the flip of a switch; it is also the leader in security operations innovation addressing the most pressing current and emerging threats. We’re excited to double down on our journey with Expel as the company becomes a must-have strategic partner for its customers' security and response needs," Gene Frantz, CapitalG General Partner.

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