Mergers & Acquisitions
By The Online Investor Staff, updated Wed., Feb. 26, 5:28 PM
| This Slide: #96 of 100 |
Slide #96. Advent International — Forescout Technologies, Inc.
Acquirer:
Advent International
Acquiree:
Forescout Technologies, Inc. (NASDAQ:FSCT)
Details:
Forescout Technologies, Inc. (NASDAQ:FSCT, "Forescout"), the leader in device visibility and control, today announced that it has entered into a definitive agreement under which Advent International ("Advent"), one of the largest and most experienced global private equity investors, will acquire all outstanding shares of Forescout common stock for $33.00 per share in an all-cash transaction valued at $1.9 billion. Advent will be joined by Crosspoint Capital Partners ("Crosspoint Capital"), a private equity investment firm focused on the cybersecurity and privacy industries, as a co-investor and advisor.
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Avg. Broker Rec.
  
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Buy (2.67 out of 4) 25th percentile
(ranked lower than approx. 75% of all stocks covered)
Based on Zacks ABR data; powered by Xignite |
