Advent- and Permira-led Investor Group Acquires McAfee

November 8, 2021

An investor group led by Advent International and Permira, with Crosspoint Capital, CPP Investments, GIC and ADIA, has acquired McAfee Corp. for $26.00 per share in an all-cash take-private transaction valued at over $14 billion enterprise value. The deal, which values McAfee at roughly $12 billion equity value, will position the company to focus on expanding its consumer cybersecurity offerings with private capital and operational support.

Buyers
Advent International, Permira Advisers / Permira, Crosspoint Capital Partners, CPP Investments, GIC, ADIA
Targets
McAfee Corp.
Sellers
McAfee shareholders
Industry
Cybersecurity
Location
California, United States
Transaction Type
Buyout

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