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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