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Carbonite acquires Webroot

Carbonite, Inc. has acquired Webroot Inc. for $618.5 million, PE Hub reported. US-based Webroot is a provider of cloud-based internet threat detection solutions. Based in the United States, Carbonite is a provider of backup, disaster recovery, high availability, and workload migration technology solutions. RBC Capital Markets, LLC and Barclays provided financial advice to Carbonite on the transaction. William Blair & Company served as the financial advisor to Webroot. Webroot is backed by private equity and venture capital firms Accel Partners, Mayfield Fund and TCV.

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Mergers and Acquisitions,M&A,M&A deals