Case Study: Sale of Tripwire to Belden

 
 
Transaction Summary
 
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
 
‚ÄčOverview 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
 
Value Add
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.