KKR has agreed to provide cybersecurity firm NetSPI with an additional $410m in growth equity, according to a statement reviewed by Bloomberg.
The deal, slated to close by the end of the fourth quarter, is KKR’s second investment in the company, bringing the private equity firm’s total commitment to US$500 million. KKR led a US$90 million investment last year.
Shilts said NetSPI is approaching US$100 million in revenue this year following good growth since a “breakout” 2020. The company has operations in the US, Canada, UK and India.
Read more: Business Times
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