Bomgar anticipated to launch loan in September for BeyondTrust buy

By Sara Rosenberg

New York, Sept. 13 – Bomgar Corp. is expected to launch a loan transaction later this month to fund its acquisition of BeyondTrust from Veritas Capital, according to a market source.

Closing is expected in October.

Bomgar, a Francisco Partners portfolio company, is an Atlanta-based provider of remote support and privileged access management solutions to enterprise customers. BeyondTrust is a Phoenix-based Privilege-Centric Security company, providing an approach to prevent data breaches related to stolen credentials, hijacked insider accounts, and misused privileges.

The combined company will be based in Atlanta and will be called BeyondTrust.

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