Francisco Partners to sell Forcepoint unit to TPG for $2.45 billion

Francisco Partners to sell Forcepoint unit to TPG for $2.45 billion.

The division’s primary area of attention is the federal agencies’ and the American government’s vital infrastructure.

[{"selector":"#anim-30716485-6d91-4e54-865d-198a20cf7da1","keyframes":{"opacity":[1,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-ed0f6725-0f87-4a62-ad91-d66aa267d9f2","keyframes":{"transform":["scale(3)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}]

The Journal reports that the cost is more than twice what Francisco Partners paid to buy Forcepoint in its entirety back in 2021.

[{"selector":"#anim-896cf063-5425-4372-89bc-532e21cb7292","keyframes":{"opacity":[1,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-3b05ba5d-0f4d-4c97-9fe4-5b443007f77a","keyframes":{"transform":["scale(3)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}]

While Forcepoint did not instantly respond to a request for comment, TPG and Francisco Partners declined to make any.

[{"selector":"#anim-6c61d9e4-db42-4b52-a626-23ac9a87f792","keyframes":{"opacity":[1,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-5aad2097-a11b-4a34-8a92-cbe92b4451a8","keyframes":{"transform":["scale(3)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}]