Reported 1 day ago
Insight Partners is anticipated to generate over $2.7 billion from the planned sale of cybersecurity firm Wiz Inc. to Alphabet Inc., which represents a return of more than 15 times its investment. The firm holds around an 8% stake in Wiz, while other investors like Sequoia Capital are also set to achieve significant profits from the deal, which is expected to close next year following regulatory approval.
Source: YAHOO