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Vista Equity Exiting Cybersecurity Holding Forcepoint While Growth Declines

In 2015, Forcepoint sprung from a $2.3 billion deal between Raytheon and Vista Equity Partners, which held cybersecurity company Websense as a portfolio asset. Under the deal, Raytheon acquired an 81 percent stake in a new entity, Forcepoint, while Vista retained a 19 percent share. However, the private equity firm no longer wants a stake in the cybersecurity company, as it’s positioned Raytheon to buy out their 19% share...