McAfee Announces Sale of Enterprise Business to Symphony Technology Group for $4.0 Billion
McAfee will become a pure play consumer cybersecurity company. McAfee expects to issue a $4.50 special dividend per Class A share and reduce debt by ~$1 billion upon transaction close. SAN JOSE, Calif. & PALO ALTO, Calif. – March 8, 2021 – McAfee Corp. (Nasdaq: MCFE), the device-to-cloud cybersecurity company, today announced it has entered…
Symphony Technology Group Acquires Warpwire, Leading Provider of Educational Video Services
Warpwire marks STG’s third investment into a unified platform following the acquisitions of CadmiumCD and EthosCE earlier this year. Symphony Technology Group (“STG”), a Palo Alto-based private equity firm focused on investing in the software, data analytics, and software-enabled technology services sectors, today announced that it has acquired Warpwire, a Durham, North Carolina-based educational video…
STG raises $2.0 billion for STG VI in a four-month fully virtual fundraise
STG VI exceeded its $1.5 billion target and was heavily oversubscribed Palo Alto, CA – November 16, 2020 – STG Partners (“STG”, or the “Firm”), a leading private equity firm focused on investing in the software, data analytics and software-enabled technology services sectors, is pleased to announce the final closing of STG VI (the “Fund”)…
Symphony Technology Group Acquires EthosCE, Leading Healthcare Learning Management System
Symphony Technology Group (“STG”), a leading Palo Alto-based private equity firm focused on investing in the software, data analytics and software-enabled technology services sectors, today announced that it has acquired EthosCE, a Philadelphia, Pennsylvania-based healthcare learning management system (“LMS”) company. This acquisition underscores STG’s commitment to building a unique, market-leading software platform offering continuing education,…
Symphony Technology Group Enters Definitive Agreement with Dell Technologies to Acquire RSA
PALO ALTO, CA and ROUND ROCK, TX – February 18, 2020 – A consortium led by Symphony Technology Group (STG), Ontario Teachers’ Pension Plan Board (Ontario Teachers’) and AlpInvest Partners (AlpInvest) has entered into a definitive agreement with Dell Technologies (NYSE: DELL) to acquire RSA in an all-cash transaction for $2.075 billion, subject to certain…
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