Vista Equity Partners/Raytheon $1.9 billion joint venture

29/5/2015

Joint venture

Value:

$ 1.9 billion

Status:

Completed

Date:

29/5/2015

Overview:

Private equity firm Vista Equity Partners and Raytheon have entered into a $1.9 billion joint venture.
Vista portfolio company Websense and Raytheon Cyber Products will combine to form a new cybersecurity firm.
Citi acted as financial adviser to Websense.
The deal was first announced in April 2015.

Kurt Stumpo - Journalist

Jurisdiction:

United States

Deal type:

Joint venture

Practice areas:

Private equity
M&A

Governing law:

United States

Industry sector:

Technology and telecommunications

Firms:

Kirkland & Ellis

Party: Vista Equity (Joint venture partner)

Lawyer: Daniel Wolf

Morgan Lewis & Bockius

Party: Raytheon (Joint venture partner)

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