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New Deal


Announced

Completed

Insight Partners led a $50m Series B round in Shift5.

Financials

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Transaction Value£36m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Digital Services

United States

Single Bidder

Private

Domestic

Private Equity

Friendly

Acquisition

Minority

cybersecurity

Venture Capital

Completed

Synopsis

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Insight Partners, a New York-based global private equity and venture capital firm, led a $50m Series B round in Shift5, a cybersecurity company that protects the world’s transportation infrastructure and weapons systems from cyberattacks. "Evolution in cybersecurity technology has historically occurred alongside innovation in the threat landscape: we’re seeing attacks now beyond the traditional network and endpoint vectors to other parts of the landscape like IoT, medical devices and operational technology that have grave consequences when disrupted,” Joe Lea, Shift5 President.

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