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New Deal


Announced

Completed

MC2 Titanium completed the acquisition of Trustwave from Singtel for $205m.

Financials

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Transaction Value£167m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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cybersecurity arm

United States

telecommunication

Telecommunications Services: Other

Acquisition

Cross Border

Majority

Private

Single Bidder

Private Equity

Completed

Synopsis

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MC2 Titanium, a growth equity fund firm, completed the acquisition of acquire Trustwave, a Chicago-based cybersecurity arm, from Singtel, multinational telecommunications conglomerate and one of the four major telcos operating in the country, for $205m. “Alongside MC², The Chertoff Group, and their tremendous expertise, we are positioned to further extend the global reach of our comprehensive offensive and defensive cybersecurity portfolio, providing organizations with unmatched protection and strategic guidance. I’m exceptionally proud of Trustwave’s evolution as a leader in the MDR industry, marked by rapid growth with discerning enterprise buyers that outpaces the market, and sustained momentum with clients around the globe. This strategic partnership with MC² and The Chertoff Group serves as a testament to our ongoing innovation and commitment to delivering unparalleled cyber value,” Eric Harmon, Trustwave CEO.

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