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Finsbury is handling Advent International's $1.9B deal to acquire Forescout, cybersecurity firm based in San Jose.
The Boston-based private equity firm is offering $33 cash per share for the maker of visibility devices to "see" what is connecting into their networks.
Founded in Israel in 2000, Forescout recorded $337M in 2019 revenues and a $19.6M operating loss.
CEO Michael DeCesare said his company "is still in the early innings of a large market opportunity" because every organization needs to "mitigate against high-risk devices" that may have been linking to their networks.
He's excited that Advent and its partner Crosspoint Capital will provide Forescout support "through transitory times."
The acquisition will be completed during the second quarter.
Finsbury, which is part of WPP, has Kerry Golds and Patrick Reynolds on the Advent transaction.


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