Permira Makes Mimecast The Latest Target Of A Cybersecurity Mega-Deal

BIG THINGS

1. Permira leads PE’s cybersecurity push

Permira announced plans today to purchase email security specialist Mimecast for $80 per share in cash, giving the British company an equity valuation of $5.8 billion. The move continues a banner year for cybersecurity buyouts across the private equity industry in general—and for Permira in particular.