Vector Capital Acquires Majority Ownership of WatchGuard Technologies
April 27, 2022
Vector Capital has made a large new equity investment in WatchGuard Technologies and acquired interests previously owned by Francisco Partners and other co-investors to become WatchGuard's majority shareholder. The investment positions Vector to accelerate WatchGuard's growth and platform innovation across cloud transformation, SASE, XDR, MDR and MSP-focused security offerings.
- Buyers
- Vector Capital
- Targets
- WatchGuard Technologies
- Sellers
- Francisco Partners, other co-investors
- Industry
- Cybersecurity
- Location
- Washington, United States
- Transaction Type
- Buyout
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