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CDPQ to buy stake in Warburg-backed eSentire: Bloomberg

ESentire, a Waterloo, Ontario-based cybersecurity provider backed by Warburg Pincus, has struck a deal to sell a stake to two investment firms at a $1.2 billion valuation, Bloomberg reported.

ESentire, a Waterloo, Ontario-based cybersecurity provider backed by Warburg Pincus, has struck a deal to sell a stake to two investment firms at a $1.2 billion valuation, Bloomberg reported. Caisse de dépôt et placement du Québec and an existing investor, Canadian growth equity firm Georgian, are buying a 50 percent interest. Warburg acquired a majority stake in eSentire in 2017.

Source: Bloomberg