Private equity firm Crosspoint Capital Partners has acquired Absolute Software in a deal worth $870 million. Absolute Software is a cybersecurity company known for its endpoint security and data risk management solutions.
The acquisition aims to strengthen Crosspoint’s position in the cybersecurity market and leverage Absolute’s technology and expertise. Absolute Software’s management team will continue to lead the company, and its headquarters will remain in Vancouver, Canada.
The Deal is expected to accelerate Absolute’s growth and enable it to provide enhanced cybersecurity services to its customers.
Read more: Crosspoint Capital Partners Acquires Absolute Software in $870 Million Deal
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