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TITUS goes from bootstrapped to buyout with Blackstone

Private equity firm Blackstone has picked up a majority stake in TITUS, marking an unconventional bootstrapped-to-buyout exit for the 12-year-old data classification startup. With the acquisition, PE shops have now purchased more cybersecurity vendors in 2017 than any year in history. Once Blackstone owns TITUS, the company will have several adjacent markets that it could buy its way into.

Brenon Daly

Research Director, Financials