Private-Equity Firm Acquires Load Balancer and ADC Vendor Kemp Technologies

Private-Equity Firm Acquires Load Balancer and ADC Vendor Kemp Technologies Image Credit: digitalista/Bigstockphoto.com

Mill Point Capital, a middle-market private equity firm focused on control-oriented investments in North America, is acquiring Kemp Technologies.

Founded in 2000, Kemp is a leading supplier of next-generation load balancer and application delivery controller(ADC) technology solutions which includes physical, virtual, cloud or multi-cloud environments. The company operates on a global basis with headquarters in New York, and regional hubs in Limerick, Ireland; Munich, Germany; Singapore and Sao Paulo, Brazil.

The Mill Point team employs an Executive Partner model and has extensive experience investing in transactions in the technology and business services sectors. Kemp’s management team, including CEO Ray Downes, will continue to lead the company, building on its strong track record of growth and innovation.

Ray Downes, CEO, Kemp
I am very proud of the strong technology foundation we have built and look forward to continuing our world-class innovation and service that is helping customers deliver an optimal application experience.

Craig Adler, Executive Partner, Mill Point
We believe Kemp is positioned for further success given its ever-growing suite of high performance load balancer and ADC products and services, as well as its true platform ubiquity that supports enterprises of every size and workload requirement.

Ray is a news editor at The Fast Mode, bringing with him more than 10 years of experience in the wireless industry.

For tips and feedback, email Ray at ray.sharma(at)thefastmode.com, or reach him on LinkedIn @raysharma10, Facebook @1RaySharma

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