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Announced

Completed

PSG led a $50m Series B funding round in ZeroNorth.

Financials

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Transaction Value£41m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Domestic

Acquisition

Minority

Private Equity

Friendly

Completed

United States

computer security

Software

Single Bidder

Synopsis

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PSG, a growth equity firm, led a $50m Series B funding round in ZeroNorth, computer security service, with participation from A.P. Moller Holding and Cargill. “We are delighted to welcome PSG Equity as a new investor in ZeroNorth. We have ambitious goals and PSG Equity shares our vision of enabling widescale change in how our industry operates,” Søren Meyer, ZeroNorth CEO.

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