Bain Capital Private Equity and Crosspoint Capital Partners’ Acquisition of ExtraHop

Ropes & Gray represented Bain Capital Private Equity and Crosspoint Capital Partners in the transaction.

Bain Capital Private Equity and Crosspoint Capital Partners executed the acquisition of ExtraHop, the leader in cloud-native network detection and response, in a strategic transaction valued at $900 million. The transaction was announced on June 8. 

ExtraHop, based in Seattle, works with network security teams to confront active threats and stop breaches. Bain Capital invests across asset classes managing more than $130 billion while leveraging the firm’s shared platform to capture opportunities in strategic focus areas. Crosspoint Capital Partners is a private equity investment firm with offices in Menlo Park, Calif. and Boston, Mass., focused on the cybersecurity, privacy, and infrastructure software markets.

The Ropes & Gray team advising Bain Capital Private Equity and Crosspoint Capital Partners was led by private equity partners Charlie Boer (Picture) and Bill Mone (both of Boston) and mergers & acquisitions partner Tom Holden (San Francisco), and included private equity associate Jose DeMedeiros (Boston) and finance associate Scott Rolnik (New York), finance partner Byung Choi, employment, executive compensation & benefits partner Renata Ferrari and tax partner Pamela Glazier (all of Boston.)

Involved fees earner: Charles Boer – Ropes & Gray; Byung Choi – Ropes & Gray; Jose DeMedeiros – Ropes & Gray; Renata Ferrari – Ropes & Gray; Pamela Glazier – Ropes & Gray; Thomas Holden – Ropes & Gray; Bill Mone – Ropes & Gray; Scott Rolnik – Ropes & Gray;

Law Firms: Ropes & Gray;

Clients: Bain Capital Private Equity; Crosspoint Capital Partners;

Author: Martina Bellini