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Forescout CEO speaks out in exit interview on $1.9 billion acquisition drama - Business Insider


Forescout
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Intel Security
Armis Security
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Segasec
Advent International
Crosspoint Capital Partners
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Forescout
Mike DeCesare
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Positivity     44.00%   
   Negativity   56.00%
The New York Times
SOURCE: http://www.businessinsider.com/forescout-ceo-exit-interview-acquisition-drama-2020-9
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Summary

Lawyers and activist investors were circling the company amid a flurry of cybersecurity firms going private, including Armis Security, Avnet, and Segasec.In February 2020, Advent International, one of the biggest private equity firms in the world, revealed it had partnered with Crosspoint Capital Partners and agreed to buy all of Forescout's stock at $33 a share — a $4 raise on the day's closing price. But Advent and Crosspoint are obviously very good at what they do."If you keep your ears open and listen, you can learn a lot." In a statement to Business Insider, Bryan Taylor, head of Advent's technology investment team, said he looked forward to "supporting Forescout's continued innovation and address a large, growing market opportunity."On Thursday, the company announced DeCesare would be stepping aside as CEO to make way for Greg Clark, the ex-CEO of software giant Symantec who personally oversaw the acquisition in his role as a managing partner at Crosspoint.

As said here by Martin Coulter