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Benzinga
Benzinga
Business
Anthony Noto

Deal Dispatch: BeyondTrust On The Block; NBA Teams, Dr. Phil, Alex Jones In Spotlight

benzinga_deal_dispatch2

New On The Block

  • Francisco Partners is reportedly testing the waters for a multibillion-dollar sale of BeyondTrust Software. This Georgia-based cybersecurity firm has about $500 million in annual recurring revenue and could command a price anywhere from five to 20 times sales. The sale process is still in its early days. Bloomberg expects strong interest from industry players and rival private equity firms.
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