Insight Partners Acquires Threat Intelligence Company Recorded Future for $780 Million

May 30, 2019

Willkie advised Insight on the transaction, which was the industry’s largest-ever threat intelligence acquisition.

On May 30, Recorded Future, a leading threat intelligence company, announced that Insight Partners agreed to acquire a controlling interest in the company, in addition to the minority stake in the company previously owned by Insight, in an all-cash transaction that values Recorded Future at more than $780 million. The deal marks the industry’s largest-ever threat intelligence acquisition.

The deal will accelerate the next phase of the company's global growth and expansion, helping Recorded Future leverage Insight's deep experience and internal consulting arm, Insight Onsite, to further its technical and product vision through a range of growth-oriented activities.

Today, Recorded Future is the largest privately-held threat intelligence software company in the world, with more than 400 clients across all geographies and sectors using its unique SaaS platform. Recorded Future has seen tremendous organic growth over the last 10 years as the threat intelligence market has continued to expand rapidly, with a direct impact on adjacent categories such as Security Operations, Vulnerability Management and Third-Party Risk.

Insight Partners is a leading global venture capital and private equity firm investing in high-growth technology and software companies that are driving transformative change in their industries. Founded in 1995, Insight currently has over $20 billion of assets under management and has cumulatively invested in more than 300 companies worldwide. 

The Willkie team was led by partner Matthew Guercio and associate Stephanie Moran, and included associate Ian Morganelli.