February 14, 2019 / 12:19 PM / 5 months ago

NSO Group's management buys firm from Francisco Partners

TEL AVIV, Feb 14 (Reuters) - Israeli cyber firm NSO Group said on Thursday its founders and management have acquired the company from U.S. private equity firm Francisco Partners with the support of European private equity firm Novalpina Capital.

NSO did not provide financial details for the transaction. An industry source told Reuters the deal was valued at about $1 billion.

Reporting by Tova Cohen Editing by Steven Scheer

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