M&A Deal Summary

STG Acquires McAfee - Enterprise Business

On March 8, 2021, private equity firm STG acquired information technology company McAfee - Enterprise Business from McAfee for 4.0B USD

Acquisition Highlights
  • This is STG’s 19th transaction in the Information Technology sector.
  • This is STG’s largest (disclosed) transaction.
  • This is STG’s 33rd transaction in the United States.
  • This is STG’s 9th transaction in California.
Investment Fate
  • McAfee - Enterprise Business merged with another company in 2022.

M&A Deal Summary

Date 2021-03-08
Target McAfee - Enterprise Business
Sector Information Technology
Buyer(s) STG
Sellers(s) McAfee
Deal Type Divestiture
Deal Value 4.0B USD

Target

McAfee - Enterprise Business

Santa Clara, California, United States
McAfee’s Enterprise business provides device-to-cloud cybersecurity solutions.

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Buyer(S) 1

Buyer

STG

Menlo Park, California, United States

Investor Investor Investor Investor Investor

website


Category Private Equity Firm
Founded 2002
PE ASSETS 10.0B USD
Size Mega
Type Sector Focused
DESCRIPTION

STG is a private equity firm focused on making investments in software and services companies. STG looks to leverage operational expertise in helping its portfolio companies 'increase customer value' and grow. In addition to its focus within the software/services sectors, STG also has interest in healthcare, pharmaceuticals manufacturing, consumer packaged goods, retail, financial services, and communications. STG was formed in 2002 and is based in Menlo Park, California.


DEAL STATS #
Overall 46 of 63
Sector (Information Technology) 19 of 21
Type (Divestiture) 17 of 21
State (California) 9 of 14
Country (United States) 33 of 47
Year (2021) 1 of 7
Size (of disclosed) 1 of 10
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-02-15 System C Healthcare

Maidstone, United Kingdom

System C Healthcare plc is a health and social care software supplier. The company's products include the Medway electronic patient record and associated products, CarePlus Child Health and the Liquidlogic range of social care software. System C was formed in 1983 and is based in Maidstone, United Kingdom.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-24 Trace One

Paris, France

Trace One is a collaborative retail business platform for consumer-packaged-goods (CPG). The company provides one SaaS inclusive platform with multiple interlocking business applications, including product lifecycle management, sourcing, and compliance. It enables customers to create higher quality, trusted, and compliant own-branded goods faster, delivering benefits to their consumers and the environment. Trace One was formed in 2001 and is based in Paris, France.

Buy -

Seller(S) 1

SELLER

McAfee

Santa Clara, California, United States

website


Category Company
Founded 1987
Sector Information Technology
Revenue 2.9B USD (2020)
DESCRIPTION
McAfee's corporate headquarters in Santa Clara, California.
McAfee's corporate headquarters in Santa Clara, California.

McAfee delivers proactive and proven security solutions and services that help secure systems and networks around the world, McAfee protects consumers and businesses of all sizes from the latest malware and emerging online threats. McAfee's solutions are designed to work together, integrating anti-malware, antispyware, and antivirus software with security management features that deliver unsurpassed real-time visibility and analytics, reduce risk, ensure compliance, improve Internet security, and help businesses achieve operational efficiencies. McAfee was formed in 1987 and is based in Santa Clara, California.


DEAL STATS #
Overall 1 of 1
Sector (Information Technology) 1 of 1
Type (Divestiture) 1 of 1
State (California) 1 of 1
Country (United States) 1 of 1
Year (2021) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-02-24 Light Point Security

Baltimore, Maryland, United States

Light Point Security LLC protects organizations from browser-based attacks. Browser Isolation protects your network from web-based malware by moving the dangerous task of executing web content off of your computer and isolating it in a one-time-use remote virtual environment. Light Point Security was founded in 2012 and is based in Baltimore, Maryland.

Buy -