Advent takes Forescout private (~$1.9B)

What's the deal? In February 2020, Advent InternationalDealroom has a profile for this one. Try Dealroom → agreed to take cybersecurity company Forescout Technologies private in an all-cash deal valued at about $1.9 billion equity value (~$33/share). The take-private closed later in 2020.

What they do: Device visibility / network access control and cybersecurity platform for enterprise and OT environments (San Jose HQ).

PE angle: Advent-led public-to-private of a cybersecurity platform — flagship/GPE-style buyout rather than minority Advent Tech growth.

Source: Advent / company announcements on the ~$1.9B take-private; amount already stored on the BUYOUT round.