Belden Inc., a global provider of wire and cable products for industrial automation and networked communications, closed its acquisition of Tripwire Inc., a leading provider of security and vulnerability management solutions, for $710M. The acquisition allows Belden to leverage Tripwire’s extensive portfolio to deploy, secure, and monitor the Internet of Things for industrial, enterprise, and critical infrastructure markets
Overview of Tripwire
Leader in the security and vulnerability management market, providing solutions designed to prevent, detect, and respond to threats
Over 9,000 customers in Financial Services, Retail, Energy, Healthcare/Pharma, Industrial, Government, and Media
Full Suite of Strategic Advisory Services: The Chertoff Group acted as a trusted strategic advisor to Tripwire for multiple years, helping to accelerate organic growth, improve product positioning, enhance brand visibility and awareness, develop a partner ecosystem, and build relationships with industry partners such as Belden.
Sole Sell-side M&A Advisor: Chertoff Capital acted as the exclusive advisor to Tripwire and its private equity sponsor Thoma Bravo, in the landmark industrial security transaction that captured a premium strategic valuation for the Seller and created a compelling strategic fit for Tripwire with Belden.