Security News > 2021 > July > Audax Private Equity acquires Flashpoint to support its growth initiatives

Audax Private Equity announced that it has acquired a majority stake in Flashpoint to support its continued growth initiatives.

Based in New York City, Flashpoint is a provider of actionable threat intelligence and intelligence automation for commercial and government customers.

Flashpoint continues to expand its flagship offering, and recently added compromised credentials monitoring, card fraud monitoring, and domain protection to the platform.

"We are thrilled to have the backing of Audax and look forward to benefiting from their deep expertise within the broader software, technology, and business services sectors," said Josh Lefkowitz, Chief Executive Officer of Flashpoint.

"This partnership will enable us to continue investing in both Flashpoint Vision and in new tools to expand our capabilities and offerings to our global customer base, and allow us to help even more customers across the private and public sectors rapidly identify threats and mitigate critical security risks. We are confident that Audax' support will help take us to the next level."

"Flashpoint is at the forefront of this charge with what we consider to be a premier platform, and we believe there is significant opportunity to expand their services and capitalize on even further growth via organic and inorganic initiatives. Importantly, we are thrilled to partner with Flashpoint's exceptional management team."

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