Audax Private Equity’s Investment in Team Cymru

Foley & Lardner LLP advised Team Cymru on the deal, while Ropes & Gray advised Audax Private Equity.

Team Cymru, a global leader in cyber threat intelligence, announced its investment from Audax Private Equity. The investment will help expand the depth and breadth of Team Cymru’s solutions, allowing the company to make its unique threat intelligence accessible to a broader user base, and will support the acceleration of growth through acquisitions. Terms of the deal were not disclosed.

Based in Lake Mary, Florida, with operations across the globe, Team Cymru provides high-fidelity threat intelligence feeds and a unique external threat hunting platform, as well as analysis services. In addition to commercial offerings, the company furthers its mission to save and improve human lives by providing no-cost services to a variety of entities, including more than 130 CSIRT teams, network operators, and hosting providers.

Audax Group is a leading alternative investment manager with offices in Boston, New York, and San Francisco. Since its founding in 1999, the firm has raised over $30 billion in capital across its Private Equity and Private Debt businesses.

The Foley team, led by partner John Klusaritz (Picture), included partners Aaron Tantleff, Benjamin Dryden, Erin Toomey, James Howard, Christopher Swift, Ethan Lenz, Michael Abbott and Frank Murray, and associate Jacob Heller.

The Ropes & Gray team that advised Audax Private Equity was led by private equity partner Kendrick Chow (Boston), and included private equity partner Michael Lee (Boston), intellectual property counsel Thomas Burke (New York), employment, executive compensation & benefits partners Jennifer Rikoski, Megan Bisk (both of Boston) and Matt Jones (Chicago), litigation & enforcement partner Thomas Brown (New York) and litigation & enforcement counsel Deidre Johnson and Steven Kaye (both of Boston).

Involved fees earner: Michael Abbott – Foley & Lardner LLP; Benjamin Dryden – Foley & Lardner LLP; Jacob Heller – Foley & Lardner LLP; Hershel James Howard – Foley & Lardner LLP; John Klusaritz – Foley & Lardner LLP; Ethan Lenz – Foley & Lardner LLP; Frank Murray Jr – Foley & Lardner LLP; Christopher Swift – Foley & Lardner LLP; Aaron Tantleff – Foley & Lardner LLP; Erin Toomey – Foley & Lardner LLP; Megan Bisk – Ropes & Gray; Thomas Brown – Ropes & Gray; Thomas Burke – Ropes & Gray; Kendrick Chow – Ropes & Gray; Deidre Johnson – Ropes & Gray; Matthew Jones – Ropes & Gray; Steven Kaye – Ropes & Gray; Michael Lee – Ropes & Gray; Jennifer Rikoski – Ropes & Gray;

Law Firms: Foley & Lardner LLP; Ropes & Gray;

Clients: Audax Private Equity; Team Cymru;

Author: Martina Bellini