Global private equity firm Hellman & Friedman acquired Checkmarx, a Tel-Aviv, Israel-based provider of software security solutions for DevOps, at a $1.15 billion valuation.
Hellman & Friedman acquired the company from Insight Partners, which will continue to own a substantial minority interest.
The acquisition will bolster the company’s growth enabling organizations to deliver secure software quickly, by making security intrinsic to software development.
Founded in 2006 and led since by Emmanuel Benzaquen, CEO, and Maty Siman, Founder and CTO, Checkmarx is a leader in Application Security Testing with a suite of solutions for modern enterprise development. The company delivers a comprehensive Software Security Platform that unifies with DevOps and provides static and interactive application security testing, software composition analysis, and developer AppSec awareness and training programs to reduce and remediate risk from software vulnerabilities. The company employs more than 700 employees and is trusted by over 1,400 customers in 70 countries including more than 40 of the Fortune 100 companies and half of the Fortune 50, such as SAP, Samsung, and Salesforce.com.
FinSMEs
21/03/2020