Thoma Bravo's Proofpoint pays 53 times free cash flow for Varonis
Proofpoint will pay $49.75 a share for Varonis, 52% above the June close. The multiple is 53 times free cash flow, and the first-half cash flow fell.
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Apollo hired three managing directors. Carlyle supplied one of them.
Apollo hired three managing directors, one of them from Carlyle. Advent's head of tech strategy now works at the OpenAI venture Advent helped fund.
Advent sold its last CCC shares at $7.79. GTCR will pay $7.75.
GTCR and Elliott are paying $7.75 a share for CCC. Advent sold its final stake last November at $7.79, down from a $10 SPAC-era price.
EQT's fee-generating assets rose €40bn in a quarter. Coller was €34bn.
Fee-generating assets rose €40bn in the quarter. Strip out the Coller acquisition and the gain is about €6bn.
Two buyout veterans have launched a national security private equity firm
Watch Point Capital has a one-page website and two founders from Madison Dearborn and Platinum Equity. Here is what we can say about the new defence-focused firm.