Investment Summary

Audax Private Equity Invests In Team Cymru

On August 4, 2021, private equity firm Audax Private Equity invested in information technology company Team Cymru

Investment Highlights
  • This is Audax Private Equity’s 8th transaction in the Information Technology sector.
  • This is Audax Private Equity’s 136th transaction in the United States.
  • This is Audax Private Equity’s 10th transaction in Florida.

Investment Summary
Date 2021-08-04
Target Team Cymru
Sector Information Technology
Investor(s) Audax Private Equity
Deal Type Growth Capital
Advisor(s) Baird (Financial)
Foley & Lardner (Legal)

Target

Team Cymru

Lake Mary, Florida, United States
Team Cymru saves and improves lives by working with security teams around the world, enabling them to track and disrupt the most advanced bad actors and malevolent infrastructures. The company delivers comprehensive visibility into global cyber threats and is the key source of intelligence for many cyber security and threat intelligence vendors. Enterprise security teams rely on our Pure Signal platform to close detection gaps, accelerate incident response, and detect threats and vulnerabilities across entire enterprises and third-party ecosystems. Its Community Services division provides no-cost threat detection, DDoS mitigation, and threat intelligence to network operators, hosting providers, and more than 140 CSIRT teams across 86+ countries. Team Cymru was formed in 2005 and is based in Lake Mary, Florida.

Search 201,429 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Investor(S) 1

Investor

Audax Private Equity

Boston, Massachusetts, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1999
PE ASSETS 19.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Audax Private Equity is a private equity firm focused on acquiring control positions in a variety of mid to large North American headquartered companies. The Firm segments its activities into lower middle-market and larger scale investing. Within its larger group, Audax targets profitable businesses valued up to $800 million and within its lower middle-market group, the Firm seeks companies valued up to $125 million. Sectors of interest include business services, consumer products/services, financial services, healthcare services, industrial services, software, and technology. Audax has a special interest in businesses that can benefit from a buy and build investment strategy for growth. Audax Private Equity was formed in 1999 and is based in Boston, Massachusetts.

DEAL STATS #
Overall 141 of 167
Sector (Information Technology) 8 of 10
Type (Growth Capital) 11 of 18
State (Florida) 10 of 11
Country (United States) 136 of 158
Year (2021) 7 of 12
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-27 Reedy Industries

Glenview, Illinois, United States

Reedy Industries is a provider of commercial HVAC services, mechanical services, and energy solutions primarily serving commercial, industrial, and municipal buildings in the Midwest. Reedy Industries serves over 6,000 customers focusing on preventative maintenance, break/fix repairs, and retrofit projects. Reedy Industries was founded in 1930 and is based in Glenview, Illinois.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-23 Covercraft

Pauls Valley, Oklahoma, United States

Covercraft is a manufacturer of custom-patterned vehicle covers, with a library that includes more than 80,000 distinct automotive patterns. Additional product lines include custom front and rear seat protectors, front-end masks, dashboard covers, floor mats, window heat shields, and pet protection products, among others. Covercraft was founded in 1965 and is based in Pauls Valley, Oklahoma.

Buy -
Mergr

Product

Company

Legal