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TPG to Buy Forcepoint's Government Security Unit for $2.45B
July 10, 2023, 3:16 p.m. |
DataBreachToday.co.uk RSS Syndication www.databreachtoday.co.uk
Francisco Partners plans to split Forcepoint's government and commercial security practices, selling the former to TPG for $2.45 billion. The deal represents an impressive return on investment for Francisco Partners, which bought all of Forcepoint from Raytheon in January 2021 for just $1.1 billion.
arm commercial deal forcepoint francisco government government security investment partners plans practices raytheon return return on investment security selling
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