Announced
Financials
Tags
software
Software
Acquisition
Domestic
Private
Private Equity
Friendly
Single Bidder
United States
Majority
Pending
Synopsis
TPG, an alternative asset management firm, agreed to acquire global governments and critical infrastructure business from Francisco Partners-backed Forcepoint, a security company, for $2.45bn. “It’s our mission to support the national security and intelligence communities by providing trusted, data-driven security solutions that enable them to collaborate and conduct mission-critical work securely and effectively. TPG has a long history of carving-out, building, and scaling world-class cybersecurity companies. We’re confident that this partnership, along with continued support from Francisco Partners, will provide us the resources and expertise to strengthen our position as a partner of choice for government agencies," Sean Berg, Forcepoint President.
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