The former Forcepoint Federal takes on new name / Andriy Onufriyenko

Global investment firm TPG acquired the cybersecurity company now known as Everfox in the fourth quarter of 2023.

The business formerly known as Forcepoint Federal has taken the covers off of its new name and identity roughly six months after being acquired by another private equity firm.

Now known as Everfox, the 25-year-old cybersecurity company will continue its work as a developer of defense-grade technology for government agencies. Everfox also has customers in certain critical infrastructure and highly-regulated sectors.

Global investment firm TPG acquired Everfox for $2.45 billion during the fourth quarter of 2023 via a carveout from Forcepoint, which was purchased by private equity firm Francisco Partners in 2021 from RTX at a price of $1.1 billion.

Everfox is also undertaking this rebrand in conjunction with its announcement of a partnership with Microsoft, where the former will integrate its cross-domain products into the global tech giant's Azure cloud offering for the U.S. government.

“We’re accelerating investment across our industry-leading solutions in cross domain, cyber threat protection and insider risk technologies; deepening our relationships with our customers and partners; and expanding our capabilities to protect even more of what matters most around the world," Everfox's chief executive Sean Berg said in a release.

Berg has essentially led the Everfox business for six years, dating back to when the now-former Forcepoint was a joint venture majority-owned by RTX.

Everfox's senior leadership team also includes:

  • Trish Haney, chief financial officer
  • Shaun Bierweiler, chief revenue officer
  • Karen Clark, chief human resources officer
  • James Wallace, chief legal officer
  • Joseph Bell, chief information security officer

The company's headquarters are in Herndon, Virginia with four other major hubs located in Champaign, Illinois; Richardson, Texas; Salt Lake City; and Malvern in the U.K.