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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.
Caterpillar’s Rob Rengel will join ATI Inc. on June 22 as VP-investor relations, succeeding the retiring David Weston.
Hut 8, energy infrastructure platform, has named NextEra Energy's Mark Eidelman head of IR and SVP of strategic finance.
Teneo handles easyJet as Minneapolis investment firm Castlelake mulls a possible takeover of the British budget airline.
Brunswick Group represents Universal Music Group as it rejects the unsolicited $65B takeover offer by billionaire Ed Ackman's Pershing Square Capital Management because it “fundamentally and materially undervalues” the world’s largest music company.
Prosek Partners brings on Danielle O’Brien as a managing director in its investor relations practice, based in the firm’s New York office.
