Home / M&A Activity / Insight Partners to Buy Controlling Stake in Recorded Future for $780M Cash

Insight Partners to Buy Controlling Stake in Recorded Future for $780M Cash

Jeff Brody

New York City-based investment company Insight Partners has agreed to acquire a controlling interest in Somerville, Mass.-based threat intelligence technology provider Recorded Future through an an all-cash transaction valued at more than $780M.

Recorded Future said Thursday it seeks to apply Insight's experience and internal consulting business in efforts to drive technical and product strategy through a growth-related initiatives.

Thomas Krane and Mike Triplett, respectively a vice president and managing director of Insight, will join the board of directors at Recorded Future as part of the agreement.

Mike Triplett, managing director at Insight, said the acquisition supports Recorded Future’s efforts to deploy its threat intelligence software to help clients in analyzing digital infrastructure, managing risk and mitigating security risks.

PJT Partners advised Recorded Future in the transaction while Foley Hoag served as its legal counsel.

Willkie Farr & Gallagher acted as legal adviser to Insight Partners.

Check Also

Capital One Agrees to Acquire KippsDeSanto & Co.; Bob Kipps, Kevin DeSanto Quoted

Capital One has signed an agreement to acquire KippsDeSanto & Co., an investment banking firm focused on serving growth-oriented aerospace/defense, government services and technology companies, Capital One announced on Monday

ULA to Support Astrobotic’s Lunar Payload Delivery Mission With NASA; Tory Bruno Quoted

Space robotics technology maker Astrorobotic has partnered with United Launch Alliance to help send a lunar lander to the moon sometime in 2021 using a ULA-built Vulcan Centaur rocket.