Insight Partners Set to Reap $2.7 Billion From Google-Wiz Deal

Insight Partners is set to deliver a return of more than 15 times its invested capital from the pending sale of cybersecurity firm Wiz Inc. to Google parent Alphabet Inc., according to a person with knowledge of the matter.

The investment firm will reap about $2.7 billion from the deal, said the person, who asked not to be identified discussing private information. The blended multiple on invested capital, known as MOIC, of 15.5 is based on Insight’s roughly 8% stake in Wiz, which is held by multiple funds including Insight Partners Public Equities, its vehicle that has flexibility to ...