Ropes & Gray Represents Audax Private Equity in its Acquisition of a Majority Stake in Flashpoint
Ropes & Gray represented Audax Private Equity in its acquisition of a majority stake in Flashpoint, a global leader in actionable threat intelligence. The transaction was announced on July 21. Terms of the transaction were not disclosed. The press release is here.
Flashpoint is a New York-based global leader in actionable threat intelligence for organizations that demand the fastest, most comprehensive coverage of threatening activity on the internet. The Audax Group is a leading alternative investment manager with offices in Boston, New York, and San Francisco. Audax Private Equity has invested over $7 billion in more than 140 platforms and over 975 add-on companies, and is currently investing out of its $3.5 billion, sixth private equity fund.
The Ropes & Gray team that advised Audax Private Equity was led by private equity partner Kendrick Chow (Boston), and included tax partner Lee Allison (New York), employment, executive compensation & benefits partners Jennifer Rikoski and Megan Bisk (both of Boston), litigation & enforcement counsel Steven Kaye (Boston), mergers & acquisitions counsel Thomas Burke and litigation & enforcement partner Thomas Brown (both of New York).