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Mergers & Acquisitions: Apax Partners Reaches Deal for Herjavec Group


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Security firms Herjavec Group, SentinelOne and Tenable were all involved in merger and acquisition activity this past week, continuing a consolidation wave within the cybersecurity industry.
Herjavec Group reported Thursday that it had entered into a definitive agreement to be acquired by the private equity firm Apax Partners for an undisclosed amount of money.
Meanwhile, SentinelOne and Tenable are making acquisitions. SentinelOne is acquiring the cloud analytics company Scalyr for $155 million in equity and cash. And Tenable plans to buy the active director security firm Alsid SAS for $98 million in cash.
Apax and Herjavec Group
The managed security services provider Herjavec Group and its celebrity owner, CEO Robert Herjavec, who appears on the TV show Shark Tank, will join security consulting firm Coalfire as part of Apax s stable of cybersecurity firms. Apax intends to augment Herjavec Group s team with additional threat and identity re ....

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Baker, Sloan ditch plans for multi-deal SPAC


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(Reuters) - A blank-check acquisition company backed by investors Harry Sloan and Eli Baker has abandoned a novel plan that would have enabled it to take multiple companies public, according to regulatory filings published on Thursday.
The investors made the change because of feedback from the U.S. Securities and Exchange Commission (SEC) that it was reluctant to approve the plan as long as it did not have a new chair, according to a person familiar with the matter. Gary Gensler, President Joe Biden’s pick as SEC chair, has yet to be confirmed by U.S. lawmakers. ....

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Soaring through

An adult red-tailed hawk spreads its wings while soaring over a field in Moscow on Wednesday afternoon. ....

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