TPG to purchase G2CI business from Forcepoint

Forcepoint announced it has signed a definitive agreement to sell the company’s Global Governments and Critical Infrastructure, or G2CI, business to TPG. The transaction will separate Forcepoint’s Commercial and G2CI businesses and will establish G2CI as an independent entity. TPG will invest in Forcepoint G2CI through TPG Capital, the firm’s U.S. and European late-stage private equity platform. The Forcepoint Commercial business, focused on simplifying security through a Data-first SASE approach to cloud-delivered security and connectivity, will continue to be owned by Francisco Partners and its existing co-investors.