M&A Deal Summary |
|
|---|---|
| Date | 2024-04-24 |
| Target | Egress |
| Sector | Software |
| Buyer(s) | KnowBe4 |
| Sellers(s) | FTV Capital |
| Deal Type | Add-on Acquisition |
| Advisor(s) | Citi (Financial) Orrick (Legal) |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 2010 |
| Sector | Information Technology |
| Employees | 1,366 |
| Revenue | 246M USD (2021) |
KnowBe4 is a provider of security awareness platform that helps organizations address the human element of security by raising awareness about ransomware, CEO fraud and other social engineering tactics through a new-school approach to awareness training on security. KnowBe4 was founded in 2010 and is based in Clearwater, Florida.
| DEAL STATS | # |
|---|---|
| Overall | 6 of 6 |
| Sector: Software M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 6 of 6 |
| Country: United Kingdom M&A | 2 of 2 |
| Year: 2024 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-11-16 |
SecurityAdvisor
Sunnyvale, California, United States SecurityAdvisor provides the only personalized security awareness platform that quantifiably reduces security incidents. The company's patented platform integrates easily with existing security infrastructure to deliver real-time coaching for each employee, teaching them how to identify and remediate cyberattacks and help security teams better measure the ROI and effectiveness of their training initiatives. SecurityAdvisor was formed in 2018 and is based in Sunnyvale, California. |
Buy | - |
| Category | Growth Capital Firm |
|---|---|
| Founded | 1998 |
| PE ASSETS | 6.2B USD |
| Size | Large |
| Type | Sector Agnostic |
FTV Capital is a multi-stage private equity firm focused on providing capital to high-growth companies. FTV generally seeks to invest in software, business services, and financial services companies which enable financial institutions to expand and to operate more efficiently. Investment proceeds are typically used to fund rapid organic growth, provide shareholder liquidity, pursue add-on acquisitions, or acquire divestitures. FTV prefers to act as the lead or control investor and targets equity commitments of $10 to $85 million per transaction. FTV Capital was established in 1998 and was formerly known as FTVentures. FTV Capital is based in San Francisco with an additional office in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 57 of 62 |
| Sector: Software M&A | 13 of 15 |
| Type: Add-on Acquisition M&A Deals | 37 of 38 |
| Country: United Kingdom M&A | 2 of 2 |
| Year: 2024 M&A | 3 of 7 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-03-07 |
CardConnect
King of Prussia, Pennsylvania, United States CardConnect is a provider of payment processing and technology solutions, helping organizations from independent coffee shops to iconic global brands – accept billions of dollars in card transactions each year. CardConnect was formed in 2006 and is based in King of Prussia, Pennsylvania. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-04-29 |
Solid
San Mateo, California, United States Solid is a fintech-as-a-service platform that offers modern infrastructure for any company to launch and scale fintech products. Solid is based in San Mateo, California. |
Sell | - |
