M&A Deal Summary

Turn/River Capital Acquires Tufin

On April 6, 2022, private equity firm Turn/River Capital acquired information technology company Tufin for 570M USD

Acquisition Highlights
  • This is Turn/River Capital’s 4th transaction in the Information Technology sector.
  • This is Turn/River Capital’s largest (disclosed) transaction.
  • This is Turn/River Capital’s 10th transaction in the United States.
  • This is Turn/River Capital’s 1st transaction in Massachusetts.

M&A Deal Summary
Date 2022-04-06
Target Tufin
Sector Information Technology
Buyer(s) Turn/River Capital
Deal Type Going Private
Deal Value 570M USD
Advisor(s) J.P. Morgan Securities (Financial)
White & Case
Meitar Liquornik Geva Leshem Tal (Legal)

Target

Tufin

Boston, Massachusetts, United States
Tufin simplifies the management of some of the largest, most complex networks in the world, consisting of thousands of firewall and network devices and emerging hybrid cloud infrastructures. Tufin was founded in 2005 and is based in Boston, Massachusetts.

Search 200,500 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

Buyer(S) 1

Buyer

Turn/River Capital

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2012
Size Small
Type Sector Focused
DESCRIPTION

Turn/River is a private investment firm that specializes in growth capital investments, buyouts, spin-outs, and recapitalizations of small-scale technology, web and Saas companies. The Firm has a particular interest in bootstrapped companies. Turn/River Capital is based in San Francisco, California.

DEAL STATS #
Overall 12 of 12
Sector (Information Technology) 4 of 4
Type (Going Private) 1 of 1
State (Massachusetts) 1 of 1
Country (United States) 10 of 10
Year (2022) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-11 Redwood

Houten, Netherlands

Redwood focused on leveraging powerful, low-code technology to automate industrial-scale enterprise processes across infrastructure management, finance automation, automated DevOps, supply chain management, and more. The company serves thousands of global enterprise customers, including Coca-Cola, GM, Halliburton, Grainger, Wells Fargo, UBS, Mercedes-Benz, Airbus, Siemens, and Heineken. Redwood was formed in 1993 and is based in Houten, Netherlands.

Buy -
Mergr

Product

Company

Legal