After the shut, FireEye Products will become a standalone entity throughout the STG portfolio. In the last three years, STG Partners has acquired 11 companies.
– MSSP Alert , the incident response and – XDR cybersecurity company that just lately FireEye , a report signifies. FireEye’s chief government Kevin Mandia said the deal unlocks its “high-growth” Mandiant enterprise, permitting it to stand alone as a separate business operating incident response and safety testing. STG Partners’ most typical sectors for funding aresoftware (41%) and knowledge know-how (37%) . The Firm’s most typical funding types embody divestiture (37%) and buyout (25%).
In total, STG Partners has invested in 18 US states and seven different international locations. Its largest acquisition occurred in 2021 when it acquired McAfee – Enterprise Business for $4.0B. FireEye has entered a definitive settlement to sell its FireEye Products business, together with the FireEye name, to a consortium led by Symphony Technology Group in an all-cash transaction valued at $1.2B. The transaction is predicted to shut by the tip of the fourth quarter.
The all-cash deal will split FireEye, the maker of community and email cybersecurity products, from its digital forensics and incident response arm Mandiant. Symphony Technology Group is a non-public holding firm targeted on making investments in software program and services companies. Symphony appears to leverage operational expertise in serving to its portfolio corporations ‘improve customer value look lantern us fund‘ and develop. In addition to its focus inside the software/services sectors, Symphony also has interest in healthcare, pharmaceuticals manufacturing, shopper packaged goods, retail, monetary companies, and communications. Symphony Technology Group was fashioned in 2002 and is based in Palo Alto, California. /investments/microsoft-mandiant-acquisition-report Microsoft Pursuing Mandiant Acquisition?
Summit.fireeye.com/content/fireeye-summit/en_US/learn/speakers/douglas-bienstock.html Douglas Bienstock | Cyber Defense Summit | FireEye See our Training Courses Offering attendees hands-on, small-group, interactive classes with some of FireEye C A ? Doug Bienstock splits his time at Mandiant ” performing Incident Response and \ Z X Red Team work. He makes use of classes realized from IRs to higher simulate attacker methods and 2 0 . assist organizations stay forward of the unhealthy guys. Join Mergr to view STG Partners’ full profile and discover more giant personal equity corporations just like it. FireEye has turn into one of the extra outstanding names in cybersecurity, known for its research into hacking teams — some linked to governments — and its Mandiant unit for responding to main safety incidents. Mandiant was referred to as in to help Colonial Pipeline recover from a recent ransomware attack. The company said the deal is expected to close by the end of the fourth quarter.
The transfer to split the two companies comes almost a decade after FireEye acquired Mandiant, and made Mandia chief government. ;Google to accumulate Mandiant for $5.4B – Mulvihill-technology Google designs to acquire Mandiant p n l for about $5.four billion in an all-cash deal, in accordance to bulletins by equally corporations Tuesday. Every day, new opportunities emerge around M&A and we help professionals of every kind comb via transactions, investors, and corporate acquirers by way of an easy-to-use internet database that is accessible to anyone.
/endpoint/fireeye-mandiant-to-split FireEye, Mandiant to Split in $1.2 Billion Deal FireEye will divest of its massive however slow-growing products enterprise to focus on its fast-growing cybersecurity services enterprise. The sale will separate FireEye’s network, email, endpoint, and cloud security products, and the associated security management and orchestration platform, from Mandiant’s controls-agnostic software and providers. /article/fireeye-sells-fireeye-products-unit-to-stg-for-1-2-billion ? ;FireEye sells FireEye Products unit to STG for $1.2 billion FireEye P N L mentioned that the transaction separates the company’s network, e-mail, endpoint Mandiant ‘s software program and providers. Cybersecurity big FireEye has agreed to promote its products enterprise to a consortium led by non-public fairness firm Symphony Technology Group for $1.2 billion.
We built Mergr to avoid wasting folks the arduous and time-consuming strategy of tracking when companies are purchased, sold, and who at present owns them. STG Partners’ largest exit occurred in 2017 when it bought MSC Software for $834M. The FireEye Products and Mandiant Solutions companies will function as a single entity until the transition closes.