Newlight Partners Makes Strategic Investment in Pondurance
October 27, 2020
Affiliates of Newlight Partners LP have made a strategic growth investment in Pondurance to accelerate the managed detection and response (MDR) provider’s growth, R&D and product innovation. The deal accompanies senior leadership changes at Pondurance, including Doug Howard as CEO and Niloofar Razi Howe as Board Chair, and will support geographic expansion and potential strategic M&A.
- Buyers
- Newlight Partners LP (affiliates)
- Targets
- Pondurance
- Industry
- Cybersecurity
- Location
- Indiana, United States
- Transaction Type
- Growth capital
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