Last updated: July 11, 2023
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Forcepoint is planning to sell its global governments and critical infrastructure (G2CI) business to asset management firm TPG.
The sale will establish G2CI as an independent entity, enabling greater focus on its growth as a next-generation cybersecurity provider.
Manny Rivelo, CEO of Forcepoint, said: “This transaction represents an opportunity for the Forcepoint G2CI business to continue its trajectory of growth, delivering high assurance security to government and critical infrastructure customers worldwide.”
The deal is expected to conclude in the final quarter of 2023.
