Audax Private Equity Weighs Sale of BlueCat Networks at Two Billion Dollar Valuation
Audax Private Equity is exploring a sale of Toronto-based BlueCat Networks. The cybersecurity firm could be valued at up to two billion dollars in a process.
洞察:
Audax Private Equity is exploring a sale of the cybersecurity software provider BlueCat Networks and has hired JPMorgan Chase & Co. to run the sale process. People familiar with the matter stated that the process is currently underway as the investment firm seeks to capitalize on continued demand for infrastructure security assets.
Sources said BlueCat Networks could be valued between $1.5 billion and $2 billion in the sale, while people familiar with the matter noted the transaction could fetch more than $1.5 billion. The company, which generates more than $100 million in annual revenue, provides specialized software for network control, automation, and security.
