Hellman & Friedman to Acquire Cybersecurity Leader Checkmarx at a $1.15B Valuation

▤ Summary

TEL AVIV, Israel--(BUSINESS WIRE)--Checkmarx, the global leader in software security solutions for DevOps, today announced that Hellman & Friedman (“H&F”) has entered into a definitive agreement to acquire the Company from Insight Partners, which will continue to own a substantial minority interest. “ This acquisition is a clear testament to Checkmarx’s inimitable global team who have ensured our leadership position in software security, as well as to the significant role our technology plays in the broader cybersecurity industry,” said Emmanuel Benzaquen, CEO of Checkmarx. We look forward to building on Checkmarx’s tremendous success to date and supporting the company’s rapid growth in the years ahead.” “ Checkmarx technology is mission critical to any business that is developing or integrating software, and from even before we invested in the Company in 2015, we have been continuously impressed by the leadership to come out of this team of game changers and innovators,” Insight Partners Managing Director Richard Wells said. H&F seeks to partner with world-class management teams where its deep sector expertise, long-term orientation, and collaborative partnership approach enable companies to flourish. Insight Partners is a leading global venture capital and private equity firm investing in high-growth technology and software companies that are driving transformative change in their industries.

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Checkmarx Ltd.

$100M to $250M