A private equity firm Hellman & Friedman announced an agreement to acquire software security provider Checkmarx from Insight Partners in an approximately $1.1 billion deal. Checkmarx is a global leader in software security solutions for modern enterprise software development.
The acquisition of Checkmarx will strengthen Hellman & Friedman outstanding growth at a time when software security has never been more critical for modern enterprises building out their software solutions. Checkmarx was founded in 2006 to deliver secure software faster, by making security excellence intrinsic to software development. It employs more than 700 employees and is trusted by over 1,400 customers in more than 70 countries.
In December 2019, Hellman & Friedman announced acquisition of leading European digital car marketplace AutoScout24. AutoScout24 is the leading online car classifieds platform in Europe. The company is based in Munich and has a presence in 18 countries.
In February 2019, Ultimate Software, announced that it acquired by an investor group led by Hellman & Friedman, in an all-cash transaction for approximately $11 billion. Ultimate Software provides human capital management (HCM) solutions in the cloud.
About Hellman & Friedman
Hellman & Friedman is a leading private equity investment firm, headquartered in San Francisco, California, United States. The company was founded in 1984 by Warren Hellman and Tully Friedman. The firm focuses on investing in business franchises and serving as a value-added partner to management in select industries including financial services, healthcare, business & information services, software, internet & media, and retail industry.