Disposition · Portfolio-company
SecurityAdvisor
Transaction overview
Status: Announced
Exact closing date not established.
KnowBe4 announced an agreement to acquire Crosslink portfolio company SecurityAdvisor on October 21, 2021, for approximately $80 million in cash and stock, including earnout consideration. Closing was expected in the fourth quarter, subject to customary conditions.
Selected source-supported transactions; coverage is incomplete. Announcements do not establish completion or that a deal is still pending. Sponsor activity and operating-business transactions are distinct from adviser acquisitions. Unclassified activity is excluded from adviser-only counts.
Source evidence
- KnowBe4 to Acquire SecurityAdvisor, Introduces a New Information Security Category “Human Detection and Response” - Crosslink Capital ↗
Crosslink Capital · Published Oct 21, 2021
KnowBe4 announced an agreement to acquire Crosslink portfolio company SecurityAdvisor on October 21, 2021, for approximately $80 million in cash and stock, including earnout consideration. Closing was expected in the fourth quarter, subject to customary conditions.