Tag Archives: Advent International

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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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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John Visentin Named Xerox CEO, Vice Chairman

John Visentin, formerly operating partner at Advent International and senior adviser to the chairman at Exela Technologies (Nasdaq: XELA), has joined Xerox (NYSE: XRX) as CEO and vice chair of the company’s board of directors. Xerox said Tuesday Keith Cozza, Icahn Enterprises president and CEO, was named chairman of the …

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