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New Deal


Announced

Completed

Turn/River Capital completed the acquisition of Tufin for $580m.

Financials

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Transaction Value£434m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium44%
One Off Charge-

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United States

IT Services: Other

Domestic

Private Equity

Privatisation

Single Bidder

Majority

IT operations

Friendly

Acquisition

Public

Completed

Synopsis

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Turn/River Capital, a technology investment fund, completed the acquisition of Tufin, a security policy management company, for $580m. “Tufin remains committed in its mission to help the world’s largest organizations increase security and agility while reducing cost and risk across complex network and cloud environments. Working with Turn/River, we look to expand our leadership in policy-based automation by centralizing security policy management and scaling to the needs of the largest enterprises," Ruvi Kitov, Tufin CEO and Co-Founder.

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