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New Deal


Announced

Completed

Vista Equity Partners completed the acquisition of KnowBe4 from KKR and Elephant Partners for $4.6bn.

Financials

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Transaction Value£4,161m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium39%
One Off Charge-

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Friendly

Privatisation

Majority

Domestic

Security Services

security awareness training

United States

Single Bidder

Private Equity

Acquisition

Public

Completed

Synopsis

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Vista Equity Partners, an American investment firm, completed the acquisition of KnowBe4, the provider of the world’s largest security awareness training and simulated phishing platform, from KKR, an investment company, and Elephant Partners, a venture capital firm, for $4.6bn. “Today’s announcement is a testament to the success of our strategy and the strength of our incredible team. This acquisition by Vista represents the next phase of our journey. KnowBe4 has a strong record of performance, as evidenced by our market-leading platform and global customer base. Under Vista’s ownership, we will have access to additional resources and support, which will help us achieve our goals and deliver enhanced value to our customers," Stu Sjouwerman, KnowBe4 Founder, Chairman and CEO.

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