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M&A Update: Apax Partners to Acquire Herjavec Group


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Security firms Herjavec Group, SentinelOne and Tenable were all involved in merger and acquisition activity this past week, continuing a consolidation wave within the cybersecurity industry.
Herjavec Group reported Thursday that it had entered into a definitive agreement to be acquired by the private equity firm Apax Partners for an undisclosed amount of money.
Meanwhile, SentinelOne and Tenable are making acquisitions. SentinelOne is acquiring the cloud analytics company Scalyr for $155 million in equity and cash. And Tenable plans to buy the active director security firm Alsid SAS for $98 million in cash.
Apax and Herjavec Group
The managed security services provider Herjavec Group and its celebrity owner, CEO Robert Herjavec, who appears on the TV show Shark Tank, will join security consulting firm Coalfire as part of Apax s stable of cybersecurity firms. Apax intends to augment Herjavec Group s team with additional threat and identity re ....

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