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Checkmarx, the global leader in software security solutions for DevOps, announced that Hellman & Friedman (“H&F”) has entered into a definitive agreement to acquire the Company from Insight Partners, which will continue to own a substantial m… Continue reading Hellman & Friedman acquires Checkmarx to bolster growth
The application security company Checkmarx is changing ownership again. The private equity firm Insight Partners said on Monday it will sell Checkmarx to Hellman & Friedman, another private equity company, at a valuation of $1.15 billion. Intsight has owned Checkmarx since June 2015, when investors injected $84 million into the Israeli company. Intsight will retain a significant minority stake in Checkmarx under the terms of the deal. “As cybersecurity threats continue to intensify, we strongly believe that embedding security early in the software development lifecycle is critical,” Tarim Wasim, a partner at Hellman & Friedman, said in a statement. “We look forward to building on Checkmarx’s tremendous success to date and supporting the company’s rapid growth in the years ahead.” Founded in 2006, Checkmarx says it mitigates enterprise security risk by helping developers find vulnerabilities, then fix them. The company is perhaps best known for discovering a number of bugs […]
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Continue reading One private equity firm sells Checkmarx to another for $1 billion