WatchGuard: New Majority Owner, Same MSP Security Focus>
MSSP Alert – Joe Panettieri
Private equity firm Vector Capital is acquiring majority ownership of WatchGuard Technologies from Francisco Partners and other co-investors, the companies disclosed today. Vector and Francisco Partners have previously co-owned WatchGuard for more than a decade. Financial terms and the dealâs valuation were not disclosed.
WatchGuardâs security platform extends from roughly 17,000 MSPs out to roughly 250,000 end-customer businesses worldwide. The platform supports network security and intelligence, endpoint protection, multi-factor authentication (MFA), and secure WiFi.
Link: https://www.msspalert.com/cybersecurity-news/watchguards-new-owner-same-msp-focus/