TPG buying Forcepoint’s cyber security business for a reported $2.45 bln

TPG Inc. TPG said Monday it will buy the government cyber security business of Francisco Partners-backed software company Forcepoint for an undisclosed price. The deal had been reported earlier by The Wall Street Journal for a reported price of $2.45 billion. The price for the business unit is more than twice the cost of Francisco’s acquisition for all of Forcepoint in 2021 from seller Raytheon RTX. The deal is expected to close in the fourth quarter.

... TPG Inc. TPG said Monday it will buy the government cyber security business of Francisco Partners-backed software company Forcepoint for an undisclosed price. The deal had been reported earlier by The Wall Street Journal for a reported price of $2.45 billion. The price for the business unit is more than twice the cost of Francisco’s acquisition for all of Forcepoint in 2021 from seller Raytheon RTX . The deal is expected to close in the fourth quarter.

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WSJ News Exclusive | TPG to Buy Forcepoint Unit From Francisco Partners for $2.45 BillionBuyout shop TPG is acquiring a business unit of software provider Forcepoint for $2.45 billion, a price tag that is more than double what technology-focused private-equity firm Francisco Partners paid for Forcepoint in 2021
Source: WSJ - 🏆 98. / 63 Read more »

TPG to acquire unit of cybersecurity company Forcepoint for $2.45 billion: reportPrivate-equity firm TPG will acquire the government-cybersecurity unit of software company Forcepoint for about $2.45 billion, the Wall Street Journal...
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TPG to buy Forcepoint unit from Francisco Partners for $2.45 billion, Wall Street Journal reportsBuyout house TPG is buying a business unit of software provider Forcepoint for $2.45 billion from Francisco Partners, the Wall Street Journal reported on Sunday citing people familiar with the matter.
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