Steven Mnuchin's fund buys major stake in SoftBank-backed Zimperium

Photo by Josh Appel on Unsplash

Liberty Strategic Capital, a Washington D.C.-based private equity fund founded by former U.S. Treasury Secretary Steven Mnuchin, has acquired a controlling stake in enterprise security firm Zimperium for $525 million, both told Reuters on Monday.

The deal is Liberty Strategic Capital’s first majority stake acquisition since its launch last year. It has also led late-stage funding rounds in cybersecurity firms BlueVoyant and Cybereason.

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