Mill Point Capital Acquires CrashPlan Group from Code42

CrashPlan Acquires Parablu to Expand Microsoft 365 Data Protection

October 8, 2024

Cloud & SaaS

CrashPlan, a portfolio company of Mill Point Capital, has acquired Parablu Inc. to extend its Microsoft 365 (M365) data protection and resiliency capabilities. The deal integrates Parablu's patented OneDrive/Google Drive backup technology into CrashPlan's global cloud infrastructure and appoints Parablu CEO Anand Prahlad as CrashPlan CTO to accelerate delivery of M365 backup, archiving, and ransomware recovery features.

Mill Point Capital Acquires Core Technology

February 22, 2023

IT Services

Mill Point Capital has partnered with Core Technology, a national IT lifecycle management and field services provider headquartered in Pine Brook, New Jersey. Mill Point will support Core Technology's growth initiatives, with industry veteran Jeffrey Leventhal named Executive Chairman to help broaden the company's capabilities and accelerate platform expansion.

Mimecast Acquires Code42

July 24, 2024

Cybersecurity

Mimecast has acquired Code42, a leader in insider threat management and data loss prevention, to expand its Human Risk Management (HRM) platform and enhance visibility into insider threats. Financial terms were not disclosed; Code42's Incydr product will be made available to Mimecast customers and integrated into its platform over the coming months.

Bain Capital Tech Opportunities and Accel Invest $190M in Blackpoint Cyber

June 8, 2023

Cybersecurity

Blackpoint Cyber received a $190 million growth investment led by Bain Capital Tech Opportunities with participation from Accel. The funding will be used to accelerate product development of Blackpoint's cybersecurity platform and expand support for its MSP partners; existing investors include Adelphi Capital Partners, Telecom Ventures, Pelican Ventures and WP Global Partners.

Francisco Partners to Acquire Forcepoint from Raytheon Technologies

October 26, 2020

Cybersecurity

Francisco Partners has signed a definitive agreement to acquire Forcepoint from Raytheon Technologies in a carve-out transaction. The private equity firm said it will partner with Forcepoint management to invest in the company's cloud-native security portfolio and operate Forcepoint as an independent company; the deal is financed in part by debt from Credit Suisse and remains subject to regulatory review.

Mill Point Capital Partners with Prime Pensions Inc.

February 5, 2021

Financial Services

Mill Point Capital has made a control investment in Prime Pensions Inc., a Florham Park, New Jersey-based retirement plan recordkeeping, actuarial and administration services provider. Founder Scott Feit will remain CEO and retain a significant ownership stake as Mill Point provides capital and resources to support growth and strategic initiatives.