Haveli Investments completes acquisition of ZeroFox

ZeroFox Holdings,has been acquired by technology-focused private equity firm Haveli Investments. With the completion of the transaction, ZeroFox stockholders will receive $1.14 per share in cash. The Company’s common stock and warrants have ceased trading, and the Company has been delisted from Nasdaq.

  • Tuesday, 21st May 2024 Posted 1 year ago in by Phil Alsop

As a privately held company, ZeroFox will benefit from strategic support, guidance, and capital provided by Haveli Investments to continue expanding its global footprint in support of its mission to build a safer digital world. Through this investment, ZeroFox will continue to expand its industry leading cybersecurity platform, invest in go-to-new market channels, and accelerate innovation to better protect customers.

“We are pleased to announce the successful completion of ZeroFox’s privatization and look forward to partnering with the talented team of investment professionals at Haveli to take ZeroFox to the next level,” said James C. Foster, CEO and founder of ZeroFox. “Re-entering the private sphere strengthens our ability to move faster than the competition and ultimately better protect our customers – which remains our number one priority. We have built a differentiated, unified cyber platform comprising external attack surface management, digital risk protection, and threat intelligence, and I’m extremely proud of all that we have accomplished over the past decade. I am confident ZeroFox will benefit from Haveli’s deep expertise in cybersecurity as we begin our next phase of growth, expand into new markets, and accelerate customer acquisition.”

“With the leading platform for end-to-end digital risk protection, ZeroFox is exceptionally well-positioned in the rapidly growing cybersecurity market as businesses face increasingly frequent and complex digital attacks,” said Ian Loring, senior managing director and executive chair at Haveli Investments. “As a privately held company, we expect ZeroFox will benefit from enhanced flexibility, enabling it to rapidly adjust to new cybersecurity threats, accelerate growth plans, and drive ongoing innovation. We look forward to partnering with the team at ZeroFox on their continued global expansion to bring the Company’s platform to new markets as the premier solution for digital risk protection, threat intelligence, and external attack surface management at scale.” 

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