Paul Hastings, Kirkland & Ellis, and Davis Polk & Wardwell advised on a deal in which California-based Francisco Partners agreed to acquire Texas-based cyber security solutions provider Forcepoint from defense contractor Raytheon Technologies Corporation, according to a statement.
Paul Hastings and Kirkland & Eliis represented Francisco Partners, while Davis Polk & Wardwell advised Waltham, Mass.-based Raytheon Technologies.
Forcepoint said it has customers in over 150 countries for its cloud-based solutions, which adapt to risk in real-time to help enterprises monitor and protect networks and cloud access. The tool protects endpoints, confidential data, and users from outside and inside threats, the company said.
Francisco partner Brian Decker said the firm has for years followed Forcepoint and its portfolio of security products. “Security is an increasingly important strategic investment area for enterprises, creating significant opportunities for Forcepoint to continue to build upon its track record of success,” Decker said.