Blackstone Tactical Opportunities Acquires Majority Stake in TITUS
December 7, 2017
Funds managed by Blackstone Tactical Opportunities acquired a majority stake in TITUS, an Ottawa-based provider of data classification and categorization solutions; terms were not disclosed. Blackstone said the investment will help TITUS accelerate its product innovation and expand geographic reach as the company — which serves millions of users and over 950 enterprise customers — scales globally.
- Buyers
- Blackstone Tactical Opportunities (funds managed by Blackstone)
- Targets
- TITUS
- Industry
- Cybersecurity
- Location
- Ontario, Canada
- Transaction Type
- Buyout
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