Mimecast taken private in $5.8bn deal

Mimecast will become privately-owned following a $5.8bn deal with Permira, which also backs Exclusive Networks and Genesys.

Permira will acquire all outstanding ordinary shares of Mimecast for $80.00 per share in an all-cash transaction.

Pierre Pozzo, Principal at Permira, said: “We share Mimecast’s belief in the significant opportunity ahead in cybersecurity across all collaboration channels, especially as more individuals have transitioned to a remote workplace.”

 

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