M&A Deal Summary |
|
|---|---|
| Date | 2023-07-10 |
| Target | Forcepoint G2CI |
| Sector | Information Technology |
| Buyer(s) |
TPG
CPP Investments |
| Sellers(s) | Forcepoint |
| Deal Type | Divestiture |
| Deal Value | 2.5B USD |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 1992 |
| PE ASSETS | 296.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
TPG Capital is a global, mega-sized private investment firm that manages a family of funds focused on private equity, real estate, venture capital, public equity and debt investing. TPG invests in opportunities across a broad range of industries and geographies. TPG generally seeks to invest in established businesses that can benefit from the Firm's operational experience and connections. Industries of interest include consumer, retail, healthcare, industrials, digital media, natural resources, energy, real estate, technology, and software. TPG was formerly known as Texas Pacific Group and was originally established in 1992 by David Bonderman, James Coulter and William Price. The Firm is based in Forth Worth, Texas with additional offices in Europe, Asia, and Australia.
| DEAL STATS | # |
|---|---|
| Overall | 423 of 453 |
| Sector: Information Technology M&A | 29 of 30 |
| Type: Divestiture M&A Deals | 36 of 41 |
| State: Texas M&A | 35 of 36 |
| Country: United States M&A | 276 of 299 |
| Year: 2023 M&A | 7 of 14 |
| Size (of disclosed) | 35 of 114 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-06-16 |
Keter
Stamford, Connecticut, United States Keter is a full-service recycling and waste management company focused on providing first-class sustainable recycling and waste programs. Keter was founded in 2011 and is based in Stamford, Connecticut. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-07-19 |
Nextech
Tampa, Florida, United States Nextech is a fully-integrated, specialty specific, certified EMR, practice management, and marketing software that covers a wide array of specialty practice needs. Nextech was founded in 1997 and is based in Tampa, Florida. |
Buy | $1.4B |
CPP Investments is a Canadian pension fund focused on a variety of investing strategies, including public equities, debt, and alternative investments. The Firm's private equity arm looks to acquire direct stakes in private companies, as well as make fund investments and acquire secondary positions. For direct stakes in companies, CPP looks to invest across North American and Europe and seeks to commit a minimum of $150 million per transaction. CPP has no industry preferences however the Firm will not invest in real assets. CPP Investments was established in 1997 and is based in Toronto, Ontario.
| DEAL STATS | # |
|---|---|
| Overall | 145 of 176 |
| Sector: Information Technology M&A | 14 of 18 |
| Type: Divestiture M&A Deals | 16 of 18 |
| State: Texas M&A | 10 of 12 |
| Country: United States M&A | 71 of 82 |
| Year: 2023 M&A | 7 of 10 |
| Size (of disclosed) | 35 of 60 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-07-07 |
Aareal Bank
Wiesbaden, Germany Aareal Bank is a provider of financing solutions and services, with a focus on the property industry. Aareal Bank was founded in 1923 and is based in Wiesbaden, Germany. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-07-12 |
Power2X
Amsterdam, Netherlands Power2X is a green molecule company that develops large-scale new energy assets and infrastructure focusing on decarbonizing industrial value chains. In addition, the company is active as a consultant through Power2X Consulting, working together with a variety of industry participants. Power2X is headquartered in Amsterdam, Netherlands. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 1994 |
| Sector | Information Technology |
| Employees | 1,600 |
| Revenue | 361M USD (2012) |
Forcepoint provides global cybersecurity by using behavior-based solutions to adapt risk in real-time and are delivered through a converged security platform that protects network users and cloud access, prevents confidential data from leaving the corporate network, and eliminates breaches caused by insiders. Forcepoint was formed in 1994 and is based in Austin, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Information Technology M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| State: Texas M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2023 M&A | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-10-11 |
Bitglass
Campbell, California, United States Bitglass delivers data and threat protection for any interaction, anywhere, on any device to ensure secure business continuity across the distributed enterprise. Bitglass was founded in 2013 and is based in Campbell, California. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-03-10 |
Getvisibility
Cork, Ireland Getvisibility empowers organisations with comprehensive data visibility and context across all environments. Itstailored AI solutions seamlessly integrate with your technology landscape, continuously identify and rank risks, and proactively manage your protected surface. Getvisibility was founded in 2017 and is based in Cork, Ireland. |
Buy | - |
