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  5. KnowBe4 Acquires Popcorn Training Pty

M&A Deal Summary

KnowBe4 Acquires Popcorn Training Pty

On March 5, 2018, KnowBe4 acquired education company Popcorn Training Pty

Acquisition Highlights
  • This is KnowBe4’s 1st transaction in the Education sector.
  • This is KnowBe4’s 1st transaction in South Africa.

M&A Deal Summary
Date 2018-03-05
Target Popcorn Training Pty
Sector Education
Buyer(s) KnowBe4
Deal Type Add-on Acquisition

Target

Popcorn Training Pty

Cape Town, South Africa
Popcorn Training Pty Ltd. is a security awareness training provider with a global customer base, focused on producing engaging content. Popcorn Training Pty Ltd. was established in 2011 and is based in Cape Town, South Africa.

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Buyer(S) 1

Buyer

KnowBe4

Clearwater, Florida, United States
Category Company
Founded 2010
Sector Information Technology
Employees1,366
Revenue 246M USD (2021)
DESCRIPTION

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 1 of 6
Sector: Education M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 6
Country: South Africa M&A 1 of 1
Year: 2018 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-02-25 El Pescador

Brazil

El Pescador is a developer of an educational cycle methodology with content focused on education about phishing - available in Portuguese, English, Spanish and French.

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