Proofpoint Acquires InteliSecure for $62.5M

February 22, 2021

Proofpoint, Inc. agreed to acquire InteliSecure, a data-loss-protection managed services provider, for $62.5 million in cash. The acquisition (expected to close in Q1 2021) adds roughly 150 employees and strengthens Proofpoint’s people-centric cloud-based DLP and managed security services; InteliSecure was sold by investor Frontier Growth.

Buyers
Proofpoint, Inc.
Targets
InteliSecure, Inc.
Sellers
Frontier Growth
Industry
Cybersecurity
Location
Colorado, United States
Transaction Type
Buyout

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