Accuvant Receives Majority Investment from Blackstone

Accuvant, a Denver-CO-based provider of enterprise information security solutions, a majority investment from Blackstone (NYSE: BX).

Accuvant management and existing shareholder Sverica International LLC, a private equity investment firm, will invest alongside Blackstone in the transaction, which is expected to close in April pending relevant regulatory approvals and whose terms were not disclosed.

The investment will enable the company to expand and deliver new services and solutions.

Founded in 2002 by Dan Burns, co-founder and chief executive officer, Accuvant provides information security services and solutions serving enterprise-class organizations across North America.
The company offers a full suite of service capabilities for businesses, governments and educational institutions to define their security strategies, identify and remediate threats and risks, select and deploy the right technology to protect their organizations from malicious attack.
Accuvant has offices across the United States and Canada.

FinSMEs

14/03/2014

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