Forcepoint has agreed to sell its Global Governments and Critical Infrastructure business to TPG, establishing G2CI as an independent entity aimed at accelerating high assurance cybersecurity solutions.

Target Company Overview

Forcepoint, a leader in global cybersecurity, has signed a definitive agreement to sell its Global Governments and Critical Infrastructure (G2CI) business to TPG, a prominent alternative asset management firm. This transaction will facilitate the establishment of G2CI as an independent entity, allowing it to focus on enhancing its cybersecurity offerings aimed at defense, intelligence, and critical national infrastructure organizations worldwide. With TPG's backing, Forcepoint G2CI is poised to grow its platform and deliver high assurance security solutions more efficiently.

Following the acquisition, Francisco Partners, which acquired Forcepoint from Raytheon Technologies in January 2021, will retain a minority stake in Forcepoint G2CI while continuing to oversee the Forcepoint Commercial business. The latter will center its efforts on advancing its Data-first SASE (Secure Access Service Edge) solutions, including ongoing development of the Forcepoint ONE platform.

Industry Overview

The cybersecurity landscape has grown increasingly complex, driven by expanding data volumes, vulnerabilities, and sophisticated threats. Global security needs have surged, particularly within the public sector, which is confronted with unique challenge