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Francisco Partners weighs multi-billion dollar sale of cybersecurity firm BeyondTrust
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Francisco Partners weighs multi-billion dollar sale of cybersecurity firm BeyondTrust
Francisco Partners is exploring a sale of BeyondTrust Software, the privileged access management (PAM) specialist it has backed since 2018, in a potential mult-ibillion dollar transaction, according to a report by Bloomberg citing unnamed people familiar with the matter. Minority shareholder Clearlake Capital is also invested in the Johns Creek, Georgia-based business. BeyondTrust generates around $500m in annual recurring revenue and could comm…
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