Tuesday, 11 July, 2023
TPG to Acquire Forcepoint's Government Cyber Unit in $2.45 Billion Deal
TPG, a leading global alternative asset firm, has reached an agreement to acquire the government cyber unit of Forcepoint, a cybersecurity company, in a deal worth $2.45 billion. The acquisition will enable TPG to strengthen its presence in the government cybersecurity sector and expand its portfolio of cybersecurity offerings. This strategic move underscores TPG's commitment to investing in the growing field of cybersecurity and serving the evolving needs of government clients.