The Quintessential Technology Source for Corporate Financial Professionals Founder & CEO, Robert Herjavec, will remain as a significant stakeholder and the firm's Chief Executive Officer . Funds advised by London-based private equity group Apax Partners have acquired a majority stake in the new global cybersecurity organization. Kansas City / Toronto / London (December 30, 2021) Award-winning cybersecurity solutions providers Fishtech Group ("Fishtech") and Herjavec Group ("Herjavec") are pleased to announce their merger, backed by funds advised by Apax Partners LLP (the "Apax Funds").The two innovative companies will operate as a single entity under a new brand to be announced in early 2022. Use Slintel to connect with top decision-makers at Apax Partners LLP. We couldn't be more thrilled for this partnership and the exciting road ahead. Announced Date Feb 11, 2021 Robert Herjavec, Founder and CEO of Herjavec Group and star of ABC's Shark Tank, will serve as Chief Executive Officer. Terms of the deal were not disclosed, and Mr. Herjavec will remain as a significant stakeholder and the firm's Chief Executive Officer. LONDON: Apax X Fund, in which AGA is a limited partner, has entered into a definitive agreement to acquire a majority stake of Herjavec Group (HG), an award-winning global Managed Security Services Provider (MSSP) and cyber operations leader. The Apax Tech team have a deep understanding of the cyber security market through the Apax Funds' prior investments in Sophos, a world-leader in the space and Coalfire, a cybersecurity advisory business which was acquired by the Apax Funds in 2019. Read the original article: Apax to Acquire Herjavec Group Funds advised by Apax Partners (Apax Funds) have reached an agreement to acquire a majority stake in Herjavec Group (HG), a Toronto-based cybersecurity products and services firm. Over its history, Apax has raised and advised funds with aggregate commitments of approximately $60 billion. This domain provided by comlaude.com at 1996-04-04T05:00:00Z (26 Years, 45 Days ago) , expired at 2023-04-05T04:00:00Z (0 Years, 320 Days left). Momentum Cyber is serving as financial advisor to Fishtech Group and BKD, LLP as tax advisor in . With Herjavec Group being the rocket accelerating towards a future of hypergrowth, we needed to add some additional rocket fuel into the mix. Founder &. This is Apax's 5th transaction in Canada. Funds advised by UK-based private equity advisory firm Apax Partners have signed a definitive agreement to acquire a majority stake of managed security services provider and cyber operations firm Herjavec Group, Apax said. The result is this MSSP Alert video interview with CEO Robert Herjavec. CSOC offers end-to-end security, from 247 threat monitoring and incident response to visibility and compliance reporting. Apax Partners has acquired a majority stake in Herjavec Group (HG), a global Managed Security Services Provider (MSSP) and cyber operations group. Founder & CEO, Robert Herjavec, will remain as a significant stakeholder and the firm's Chief Executive . by Joe Panettieri Mar 15, 2021. This Data Breach alert was published at 15.02.2021 14.34 on Data Breach Today. 29th October 2021 American Water agrees to sell its Homeowner Services Group to funds advised by Apax Partners LLP ("Apax") in a deal valued at $1.275 billion At closing, American Water will receive $480 million in cash and a $720 million secured Seller's Note bearing a 7% annual interest rate with a five-year term To continue reading. Dynamic IT entrepreneur Robert Herjavec founded Herjavec Group in 2003 to provide cybersecurity products and services to enterprise organizations. Robert Herjavec, Founder & CEO of Herjavec Group, said: "I couldn't be more thrilled to welcome . Founded in 2003, the firm has established itself as a leading player in the market and following the deal, its founder and CEO, Robert Herjavec, who is a significant stakeholder, will remain at. Herjavec Group and Fishtech Group have merged and will operate as a new branded entity, effective immediately. by Samantha Birchall 11 February 2021. Apax Partners is authorised and regulated by the Financial Conduct Authority in the UK. Robert Herjavec, Founder & CEO of Herjavec Group, said: "I couldn't be more thrilled to . . Founder and CEO, Robert Herjavec, will remain as a significant stakeholder and the firm's chief executive officer. Founder & CEO, Robert Herjavec, will remain as a significant stakeholder and the firm's Chief Executive . Apax Partners has agreed to acquire a majority stake in Toronto-based Herjavec Group (HG), a managed cybersecurity service. We highlight M . Funds advised by Apax Partners recently confirmed the signing of a definitive agreement to acquire a majority stake of Herjavec Group (HG). Apax Partners has agreed to acquire a majority stake in Toronto-based Herjavec Group (HG), a managed cybersecurity service., Buyouts, UK / Ireland, Technology, Apax Partners - #private-equity #AlphaMaven Herjavec Group Feb 11, 2021, 08:30 ET LONDON, UK, Feb. 11, 2021 /CNW/ - Funds advised by Apax Partners (the "Apax Funds") today announced the signing of a definitive agreement to acquire. Financial terms of the deal were not disclosed. Robert Herjavec, Founder & CEO of Herjavec Group, said: "I couldn't be more thrilled to . Famed "Shark Tank" investor and cybersecurity entrepreneur Robert Herjavec found himself on the other side of the negotiating table recently, and has agreed to sell a majority stake in the security firm he founded in 2003 to investment group Apex Partners.. Apax and Herjavec this week said a definitive agreement has been signed for Apax Funds to acquire a majority stake of Managed Security . Each month we provide you with an update on the dynamic Cybersecurity landscape. Apax Partners has agreed to acquire a majority stake in Toronto-based Herjavec Group (HG), a managed cybersecurity service. Welcoming Apax Partners to Herjavec Group February 11, 2021 A letter from Herjavec Group Founder & CEO, Robert Herjavec We recently held a virtual company-wide kick off and marveled at how seamless it was to see 300 of our team members, on screen, from home, all at once, all over the world. When the Apax Partners-Herjavec Group deal was announced, our sister site MSSP Alert reached out to the companies . Herjavec Group has offices and Security Operations Centers across the United States, United Kingdom, Canada and India. The transaction is expected to close in the second quarter of 2021, subject to customary closing . Gary Fish, Founder . On February 11, 2021, private equity firm Apax acquired information technology company The Herjavec Group, Inc. Acquisition Highlights. Company For more information, visit HerjavecGroup.com or contact at [email protected]. Apax Global Alpha : APAX Matthew Read Apax Global Alpha (AGA) has announced that, on 11 February 2021, the Apax X Fund, in which AGA is a limited partner, announced that it has entered into a definitive agreement to acquire a majority stake of Herjavec Group (HG), a global Managed Security Services Provider (MSSP) and cyber operations leader. Robert Herjavec, Founder & CEO of Herjavec Group, said: "I couldn't be more thrilled to welcome . Private Equity Firm Completes Coalfire Cybersecurity Acquisition . We are pleased to provide you with Momentum's Cybersecurity Market Review for Q3 2022. This is Apax's 23rd transaction in the Information Technology sector. It had also acquired 3i Infotech's software products business in December last year for around $136 million. Apax Global Alpha Limited Funds advised by Apax to acquire Herjavec Group On 11 February 2021, the Apax X Fund ("Apax X"), in which AGA is a limited partner, announced that it has entered into a definitive agreement to acquire a majority stake of Herjavec Group (HG), an award-winning global Managed Security Services Provider (MSSP) and cyber operations leader. Media Contacts: For Herjavec Group Erin McLean/ +1-647-535-3126/ [email protected] Kristin Glover/ +1- 416-844-9591/ [email protected] For Apax Partners Katarina Sallerfors / +44 20 7666 6526 / [email protected] This is Apax's 2nd transaction in Ontario. February 11, 2021, 12:59 PM EST Being acquired by Apax Partners will allow Herjavec Group to hire more threat and identity personnel and bolster the company's identity and Security. Private equity firm Apax Partners acquires Herjavec Group, the Top 250 MSSP founded & led by Shark Tank angel investor Robert Herjavec. Friday 12 February 2021 Funds advised by UK-based private equity advisory firm Apax Partners have signed a definitive agreement to acquire a majority stake of managed security services provider and cyber operations firm Herjavec Group, Apax said. Funds advised by Apax Partners today announced the signing of a definitive agreement to acquire a majority stake of global managed security services provider Herjavec Group (HG). I couldn't be more thrilled to confirm our new relationship with Apax Partners. Herjavec . Acquired by Apax Partners Toronto, Ontario, Canada 501-1000 Private www.herjavecgroup.com 132,243 Highlights Acquisitions 5 Investments 1 Contacts 232 Employee Profiles 6 Similar Companies 5 Recent News & Activity LONDON, UK, Feb. 11, 2021 /PRNewswire/ -- Funds advised by Apax Partners (the "Apax Funds") today announced the signing of a definitive agreement . Published Feb 11, 2021 + Follow We are pleased to announce our role as exclusive financial and strategic advisor to Herjavec Group on its majority acquisition by Apax Partners. VCCircle Apax Partners owned Healthium buys CareNow in third acquisition this year. Apax and Herjavec this week said a definitive agreement has been signed for Apax Funds to acquire a majority stake of Managed Security Services Provider (MSSP), the Herjavec Group (HG). London, UK February 11, 2021 - Funds advised by Apax Partners (the "Apax Funds") today announced the signing of a definitive agreement to acquire a majority stake of Herjavec Group (HG), an award-winning global Managed Security Services Provider (MSSP) and cyber operations leader. by Joe Panettieri Feb 11, 2021 Private equity firm Apax Partners is acquiring Herjavec Group, the Top 250 MSSP founded and led by Shark Tank angel investor Robert Herjavec. In the consumer market, Robert Herjavec is known as an angel investor on Shark Tank.But in the B2B market, Herjavec is known worldwide as the CEO of Herjavec Group, a Top 250 MSSP that private equity firm Apax Partners acquired in February 2021.. Strategic Activity in Q3 included 246 transactions totaling $12.0B in deal value across M&A ( 57 transactions, $8.9B) and Financing ( 189 transactions, $3.1B ). Funds advised by Apax Partners today announced the signing of a definitive agreement to acquire a majority stake of global managed security services provider Herjavec Group (HG). Robert Herjavec Interview: CEO Explains Herjavec Group-Apax Partners Deal by Joe Panettieri Feb 21, 2021 When private equity firm Apax Partners recently acquired Herjavec Group, we reached out to the MSSP for more details about the deal. Prior to this acquisition, Apax Partners had acquired US-based Nulo Pet Food, Rodenstock, Lutech, The Herjavec Group. LONDON, UK, Feb. 11, 2021 /PRNewswire/ -- Funds advised by Apax Partners (the "Apax Funds") today announced the signing of a definitive agreement to acquire a majority stake of Herjavec Group Founder and CEO, Robert Herjavec, will remain as a significant stakeholder and the firm's chief executive officer. Herjavec was founded in 2003, employs 360 people, and was acquired by London-based Apax in February 2021, according to LinkedIn. Funds advised by Apax partners, a $60 billion global private equity advisory firm, who in 2021 made a majority investment in Herjavec Group, later doubled down on that investment with the previously announced merger of Fishtech Group. Kirkland Advises Funds Advised by Apax Partners on Acquisition of Herjavec Group 11 February 2021 Kirkland & Ellis advised funds advised by Apax Partners (the "Apax Funds") on its definitive agreement to acquire a majority stake of Herjavec Group (HG), an award-winning global Managed Security Services Provider (MSSP) and cyber operations leader. LONDON, UK, Feb. 11, 2021 /PRNewswire/ -- Funds advised by Apax Partners (the 'Apax Funds') today announced the signing of a definitive agreement . Read More. The Herjavec Group The Herjavec Group (THG) is one of Canada's fastest-growing technology companies and the country's largest IT security provider. A leading global private equity advisory firm. News Sep 1, 2021. Herjavec Group was founded in 2003 and acquired by the Apax Funds in February 2021. Herjavec Group delivers SOC 2 Type 2 certified mana . The Independent Voice of European Private Equity. SentinelOne and Tenable Also Make Notable AcquisitionsSecurity firms Herjavec Group, SentinelOne and Tenable were all involved in merger and acquisition activity this past week, continuing a consolidation wave within t Under the deal, Robert Herjavec, who founded the award-winning company in 2003, will stay on as chief executive officer and remain a significant stakeholder. Fishtech was established in 2016, employs 214 people, and was. LONDON, UK, Feb. 11, 2021 /CNW/ - Funds advised by Apax Partners (the "Apax Funds") today announced the signing of a definitive agreement to acquire a majority stake of Herjavec Group (HG), an award-winning global Managed Security Services Provider (MSSP) and cyber operations leader. Apax.com is a Investing website created by Apax Partners & Co. Under the deal, Robert Herjavec, who founded the award-winning company in 2003, will stay on as chief executive officer and remain a significant stakeholder. Apax acquires Herjavec Group. Funds advised by Apax Partners today announced the signing of a definitive agreement to acquire a majority stake of global managed security services provider Herjavec Group (HG). Acquiring Organization: Apax Partners Apax Partners is an independent global partnership focused solely on long-term investment in growth companies. The Apax Tech team have a deep understanding of the cyber security market through the Apax Funds' prior investments in Sophos, a world-leader in the space and Coalfire, a cybersecurity advisory business which was acquired by the Apax Funds in 2019. The Apax Funds will hold a majority stake in the new company while Robert Herjavec, Founder & CEO of Herjavec Group and star of ABC's Emmy award winning ratings giant "Shark Tank," and Gary Fish, Founder and CEO of Fishtech Group, will each maintain significant equity in the new business. We announced today that Apax will acquire the majority share in Herjavec Group. 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