Crosspoint Capital Partners completed the acquisition of Absolute Software for $870m.

Crosspoint Capital Partners, a venture capital firm, completed the acquisition of Absolute Software, a software company, for $870m. “We are very excited about this acquisition and working with Crosspoint Capital to further strengthen our unique position in the market and in delivering the next generation of Resilience. This acquisition is only possible because of the outstanding contributions from our employees, the support of our customers, and the powerful ecosystem of OEM partners around Absolute. I look forward to partnering with Crosspoint and to our next chapter as a privately held company with the support and expertise of the Crosspoint Capital team,” Christy Wyatt, Absolute President and CEO. Crosspoint Capital Partners Managing Partner. On June 29, 2023, Absolute securityholders approve acquisition by Crosspoint Capital Partners