Text size:

  • Small
  • Normal
  • Large
  • Connect: facebook twitter Google Plus
  • Radio: Classic FM
  • Feed: rss

Bahrain's Investcorp buys US-based IT security firm


Investcorp, one of the Middle East's largest private equity houses, acquired a majority stake in Kansas-based information security firm, FishNet Security, from Lake Capital, it said on Wednesday.

No value for the transaction was given.

The deal comes few days after Investcorp sold CCC Information Services to US-headquartered Leonard Green & Partners. The company had last year exited from truck and trailer parts distributor FleetPride to private equity firm TPG for over $1 billion.

Investcorp, which previously took public luxury brands Gucci and Tiffany & Co, had $11.5 billion in assets under management as at June 30 2012.

More articles

Editor's Picks

Events

To add your event to The National listings, click here

E-Paper

e-paper

View the paper as it appeared in print

Register here

Download the iPad ereader

Here

App

e-paper

Keep up to date with the latest news on the move

Get your iPhone app here