Cybersecurity firm White Ops has been acquired by Goldman Sachs Merchant Banking Division, in partnership with ClearSky Security and NightDragon. Financial terms of the deal were not disclosed.
This is M&A deal number 532 that MSSP Alert and ChannelE2E have covered so far in 2020. See the full M&A deal list here.
The sellers included Paladin Capital Group, Grotech Ventures and other shareholders. Goldman Sachs and ClearSky made an initial White Ops investment in May 2020.
White Ops Security Platform Details
White Ops’ Fraud Mitigation Platform focuses on Application Integrity, Marketing Integrity and Advertising Integrity.
White Ops technology protects enterprises from bot attacks and fraud across the domains of cybersecurity, digital advertising, and marketing.The company’s customer base grew by 40 percent in 2020, though actual revenue and profit figures were not disclosed. Also, 2020 headcount by 25 percent to 170 employees, White Ops says.
In a prepared statement about the M&A agreement, Tamer Hassan, CEO and co-founder of White Ops, said:
“Goldman Sachs, ClearSky, and NightDragon are ideal partners to support the next phase of the Company’s evolution and growth across multipl ..
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