TPG to buy Forcepoint unit from Francisco Partners for $2.45 billion - WSJ

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TPG to buy Forcepoint unit from Francisco Partners for $2.45 billion - WSJ
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Buyout house TPG is buying a business unit of software provider Forcepoint for $2.45 billion from Francisco Partners, the Wall Street Journal reported on Sunday citing people familiar with the matter.TPG is acquiring Forcepoint's government cybersecurity business, known as Forcepoint Global Governments an

Buyout house TPG is buying a business unit of software provider Forcepoint for $2.45 billion from Francisco Partners, the Wall Street Journal reported on Sunday citing people familiar with the matter.

Francisco which bought Forcepoint from Raytheon Technologies in October 2020 will retain a minority stake in the unit, WSJ said, adding that it will continue to own and manage its commercial cybersecurity business as a separate entity.

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