Vector-WatchGuard
Vector Capital is taking majority ownership of WatchGuard Technologies. It’s acquiring interests previously owned by Francisco Partners and other co-investors.
During Vector and Francisco Partners’ joint ownership for more than a decade, WatchGuard transformed from a network security vendor to a cybersecurity platform provider. The company’s Unified Security Platform enables more than 17,000 MSPs to protect the environments, users and networks of more than 250,000 businesses worldwide.
Vector will partner with WatchGuard’s management team to help the company grow.
The company has said this transaction will impact partners in a positive way. Learn more here.