Apax Partners has agreed to acquire Coalfire from The Carlyle Group and The Chertoff Group. No financial terms were disclosed. The deal is expected to close in early 2020. William Blair served as financial adviser to Coalfire on the transaction. Coalfire is a cybersecurity adviser.
PRESS RELEASE
WESTMINSTER, Colo. and NEW YORK, Dec. 13, 2019 /PRNewswire/ — Funds advised by Apax Partners (the “Apax Funds”) today announced they have reached an agreement to acquire Coalfire, a provider of cybersecurity advisory and assessment services, from The Carlyle Group (NASDAQ: CG) and The Chertoff Group. The transaction is expected to be completed in early 2020, subject to regulatory approval. Financial terms were not disclosed.
Founded in 2001, Coalfire is a cybersecurity advisor that helps organizations avert threats, close gaps, and effectively manage cyber risk. By providing independent, tailored advice and services that span the cybersecurity lifecycle, Coalfire helps clients develop scalable programs that improve their security posture. The company today has more than 1,800 government and commercial clients and extensive…
