(“Forescout”), the leader in Enterprise of Things security, today announced the successful completion of Advent’s offer to purchase all the outstanding shares of Forescout common stock for $29.00 per share, without interest and subject to any applicable withholding taxes, net to the seller in cash.
Similarly, Is Forescout a public company?
Forescout went public in 2017, and the IPO raised approximately $117 million. The acquisition was announced in tandem with Forescout’s 2019 fourth quarter earnings, which were below Wall Street expectations.
What happened to Forescout? Shares of Forescout Technologies (NASDAQ: FSCT), a cybersecurity company, fell today after the company announced that it had filed a complaint against Advent International, a private equity firm that’s in the process of buying Forescout.
Thereof, Is Advent International publicly traded?
Advent International Public Limited Company operates as a private equity firm. The Company offers investment management, advisory, and other related services. Advent International serves customers worldwide.
Who bought Advent?
TA Associates, with additional investment from Partners Group, is buying out Unit4’s former PE backer Advent International, which acquired the previously publicly-listed Unit4 for $1.6 billion in 2014. The fresh investment will be used to fuel growth through product development and acquisitions.
What happened ForeScout stock?
As a result of the merger, Forescout will become an indirect wholly-owned subsidiary of Parent and its common stock will cease to be traded on the NASDAQ Global Select Market.
What is ForeScout used for?
Forescout enables you to continuously assess the security hygiene and compliance state of all connected assets and automate remediation workflows to mitigate device decay.
What is ForeScout CounterACT?
ForeScout CounterACT® is an agentless security appliance that dynamically identifies and evaluates network endpoints and applications the instant they connect to your network.
Who is CEO of Advent International?
David Mussafer is Chairman and Managing Partner of Advent International Corporation, one of the world’s leading global private equity firms with more than $66 billion in assets under management.
How much is Advent International worth?
Since its inception in 1984, Advent has invested $56 billion in private equity capital and, through its buyout programs, has completed more than 375 transactions in 42 countries.
…
Advent International.
| Type | Private |
|---|---|
| AUM | $75 billion |
| Number of employees | 475+ |
| Website | www.adventinternational.com |
Is Advent International a good company?
Is Advent International a good company to work for? Advent International has an overall rating of 4.6 out of 5, based on over 64 reviews left anonymously by employees. 88% of employees would recommend working at Advent International to a friend and 86% have a positive outlook for the business.
Who acquired Shiseido?
Advent International has announced the closing of its agreement with Shiseido Americas, and has formed a new affiliate, Orveon. Orveon is the new owner of three of Shiseido Americas’s iconic cosmetic brands—bareMinerals, Buxom and Laura Mercier.
Who bought NielsenIQ?
NielsenIQ is now owned by private equity investor Advent International and James « Jim » Peck, former CEO of Chicago-based TransUnion. NielsenIQ has its global headquarters at 200 West Jackson Boulevard in Chicago, where the company employs around 600 people.
Is NielsenIQ a private company?
NielsenIQ is now an independent company focusing on research and insights into fast-moving consumer goods (FMCG). The announcement follows its acquisition by private equity firm Advent International, in partnership with incoming executive chairman and CEO James Peck, for US$2.7 billion.
Who are Forescout competitors?
Top 10 Alternatives & Competitors to Forescout Platform
- Okta. (552)4.4 out of 5.
- Citrix DaaS. (365)4.0 out of 5.
- Duo Security. (259)4.4 out of 5.
- BetterCloud. (213)4.4 out of 5.
- CyberArk Identity (formerly Idaptive) (95)4.4 out of 5.
- Connect Secure. (85)4.3 out of 5.
- Turbonomic. (66)4.5 out of 5.
- Perimeter 81. (59)4.9 out of 5.
How do I deploy Forescout?
To deploy a Forescout virtual device:
- Access the vSphere Console.
- Select File>Deploy from file (OVF template). …
- Select the location where you extracted the contents of the Forescout virtual system package and then select Next. …
- Select Next. …
- Specify a name and then select Next.
What is Forescout appliance?
The ForeScout 5160 Hardware Appliance can be deployed on virtual or physical appliances. The Enterprise Manager is used to centrally manage large networks that require multiple physical or virtual appliances. This hardware appliance is designed as per industry standards.
What is a Forescout appliance?
The ForeScout 5160 Hardware Appliance can be deployed on virtual or physical appliances. The Enterprise Manager is used to centrally manage large networks that require multiple physical or virtual appliances. This hardware appliance is designed as per industry standards.
What is Forescout Enterprise Manager?
The Enterprise Manager is an aggregation device that communicates with multiple CounterACT Appliances distributed across an enterprise.
What is ForeScout NAC?
Forescout’s modern network access control (NAC) gives you the ability to continuously identify all connected things, assess their posture, automate remediation workflows and implement access controls for provisioning least-privilege access.
Join TheMoney.co community and don’t forget to share this post !
