Announced
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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