Exclusive financial advisor to Risk Based Security

KPMG Corporate Finance LLC acted as exclusive financial advisor to Risk Based Security

KPMG Corporate Finance LLC (KPMG CF) is pleased to announce the sale of Risk Based Security, Inc. (Risk Based Security or the Company) to Flashpoint, a portfolio company of Audax Private Equity. The KPMG CF software team’s knowledge in cybersecurity was a critical factor in driving a highly successful outcome. Our deep understanding of Risk Based Security’s value proposition, differentiated SaaS security offering, market opportunity, and competitive landscape coupled with KPMG CF’s thorough knowledge around the investor landscape and relevant transactions created a highly competitive process resulting in a premium outcome for Risk Based Security shareholders.

About Risk Based Security

Risk Based Security is a leading provider of comprehensive cybersecurity intelligence SaaS, offering unrivaled vulnerability intelligence, data breach intelligence, and risk‑rating solutions, deployable across a diverse set of cybersecurity use cases. Founded in 2011 and headquartered in Richmond, Virginia, Risk Based Security’s proprietary data breach and software vulnerability databases have aggregated over 276,000 vulnerabilities and approximately 54,000 breaches from more than 8,000 unique data sources, offering customers not only the most up-to-date threat data but also the most granular, actionable detail available in the market. The Company is the industry’s only intelligence company that feeds aggregated data into cybersecurity intelligence to provide a holistic and asset-centric risk-based security platform.

About Flashpoint

Flashpoint is a leading provider of actionable threat intelligence and intelligence automation SaaS. Flashpoint is a portfolio company of Audax Group, a leading private equity firm headquartered in Boston, Massachusetts with over $12 billion of AUM.

KPMG Corporate Finance LLC

The global Corporate Finance practice of KPMG International’s network of independent member firms was ranked as the #1 M&A middle-market adviser globally by Refinitiv, based on number of completed transactions, for the past 20 years.

Trust KPMG Corporate Finance LLC with your next transaction.

John Paul Ditty

John Paul Ditty

Managing Director, KPMG Corporate Finance LLC

+1 562-673-3967


 
 
Corporate finance services, including Financing, Debt Advisory, and Valuation Services, are not performed by all KPMG member firms and are not offered by member firms in certain jurisdictions due to legal or regulatory constraints. The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act upon such information without appropriate professional advice after a thorough examination of the particular situation. 
 
The information contained in this communication may not be representative of the experience of other clients and does not constitute a recommendation, offer, or solicitation to buy, sell or hold any security of any issuer. Past performance does not guarantee future results.
 
©2021 KPMG Corporate Finance LLC, a Delaware limited liability company. Member FINRA/SIPC. KPMG Corporate Finance LLC is a subsidiary of KPMG LLP, a Delaware limited liability partnership and a member firm of the KPMG global organization of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. All rights reserved. The KPMG name and logo are registered trademarks or trademarks of KPMG International.