Baird's Investment Banking Group is pleased to announce the following transaction:

Date:
August 2021
Company:
Team Cymru
Description:
Received a Growth Investment from Audax Private Equity
Sector(s):
Technology & Services
Baird served as the exclusive financial advisor to Team Cymru on this transaction

Team Cymru (“the Company”) has recently received a growth investment from Audax Private Equity (“Audax”). Terms of the transaction have not been disclosed.

Team Cymru provides high-fidelity threat intelligence feeds and a unique external threat hunting platform, as well as analysis services. The Company’s flagship solution, Pure Signal Recon, is used by analysts to identify and trace malicious infrastructure, optimize incident response, and detect threats across supply chains and third-party vendors. Its security intelligence powers many security vendors and Fortune 100 security teams. In addition to commercial offerings, the Company furthers its mission to save and improve human lives by providing no-cost services to a variety of entities, including more than 130 CSIRT teams, network operators, and hosting providers.

Audax Group is a leading alternative investment manager with offices in Boston, Massachusetts, New York, New York and San Francisco, California. Since its founding in 1999, Audax has raised over $30 billion in capital across its Private Equity and Private Debt businesses. Audax Private Equity has invested over $7 billion in more than 140 platforms and over 975 add-on companies, and is currently investing out of its $3.5 billion, sixth private equity fund. Through its disciplined Buy & Build approach, Audax Private Equity seeks to help platform companies execute add-on acquisitions that fuel revenue growth, optimize operations, and significantly increase equity value.

For additional information about this transaction, please contact:

Craig Rogowski +1-650-947-6815
Evan Mueller +1-503-273-4956
John Song +1-703-394-1832
Jean Stack +1-703-394-1831
John Moriarty +1-303-270-6325
Chelsea Smith +44-20-7667-8342