Search Results for: advent

Advent International Commits to Address UK Concerns Over $5B Cobham Deal

The U.K. government is likely to approve a deal for Advent International to acquire aerospace and defense contractor Cobham after the Boston-based private equity firm proposed several measures to address potential national security risks from the combination, Reuters reported Tuesday.

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GSA Releases List of Top 89 Phase 2 Offerors on OASIS Small Business Pool 1

The General Services Administration has issued the list of the final 62 awardees and 27 apparent successful vendors for Phase 2 of the first pool of the One Acquisition Solution for Integrated Services – Small Business contract vehicle. A notice published Thursday says the Phase 2 rolling awards were made under the on-ramp solicitation GSA released in April 2019 for OASIS SB pools 1, 3 and 4.

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Two Private Equity Firms to Acquire Forescout for $1.9B Cash; Michael DeCesare Quoted

Advent International and Crosspoint Capital Partners have agreed to acquire Forescout Technologies (Nasdaw: FSCT) for $33 per share in cash, or approximately $1.9B, in a deal that will take the cybersecurity software company private. Michael DeCesare will remain as Forescout's president and CEO after the deal closes, the company said Thursday.

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