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TPG Capital To Buy Thycotic For $1.4B, Merge It With Rival Centrify: Report The deal between TPG and privileged access management vendor Thycotic was signed Monday but has yet to close. It will lead to the private equity firm combining Thycotic with recently acquired rival Centrify. By Michael Novinson March 02, 2021, 11:19 AM EST TPG Capital has agreed to purchase privileged access management (PAM) vendor Thycotic for $1.4 billion and combine it with recently acquired competitor Centrify, PE Hub reported. The deal between San Francisco-based TPG and Washing...

Centrify To Be Bought, Names Ex-Symantec Head Art Gilliland As CEO Centrify will have its third owner and fourth top executive in less than three years after the privileged access management vendor agreed to be purchased by TPG and selected Art Gilliland as its next CEO. By Michael Novinson January 28, 2021, 02:08 PM EST Centrify will have its third owner and fourth top executive in less than three years after the company agreed to be purchased by TPG and selected Art Gilliland as CEO. The Santa Clara, Calif.-based privileged access management vendor on Thur...