tech:

taffy

Warburg Pincus, GS Capital Acquire Majority Stake In Endurance

Warburg Pincus and GS Capital Partners have reached an agreement to acquire a majority stake in Endurance International Group, a provider of hosting and online services to small- and medium-sized businesses, from Accel-KKR.   Endurance’s current management team and Accel-KKR will continue to maintain an interest in the Company. Terms of the transaction were not disclosed.

Credit Suisse acted as the financial advisor to Warburg Pincus and provided the debt financing for the transaction.  Cleary Gottlieb Steen & Hamilton acted as legal advisor to Warburg Pincus and Goodwin Proctor acted as legal advisor to GS Capital Partners.  Morgan Stanley served as financial advisor and Kirkland & Ellis served as legal advisor to Endurance and Accel-KKR.

Endurance International Group is a provider of Web hosting and online services to small and medium-sized business. Endurance manages over 1.9 million unique Web hosting accounts and more than 7.7 million domain names.

Just in

Cisco to acquire Splunk for $28B

Cisco and Splunk have announced an agreement where Cisco will acquire Splunk for $157 per share in cash, summing up to approximately $28 billion in equity value.

DynamoFL raises $15.1M

San Francisco, CA-based DynamoFL, has raised $15.1 million in a Series A funding round.

Adobe co-founder John Warnock passes away

Adobe has announced the passing of Dr. John Warnock, the co-founder of the company, who died at the age of 82. Dr. Warnock, along with Dr. Charles Geschke, co-founded Adobe in 1982.

SpyCloud raises $110M

Austin, TX-based cybercrime analytics and security provider SpyCloud has closed a $110 million growth funding.