Barings served as joint lead arranger and joint lead bookrunner for a senior secured credit facility to support Francisco Partners in its acquisition of Comodo CA from parent Comodo Group.
Clifton, NJ-based Comodo Group is a global innovator of cybersecurity solutions, protecting critical information across the digital landscape.
“Francisco Partners is pleased to have the support of Barings on our investment in Comodo,” said Brian Decker, principal for Francisco Partners. “Barings’ experience in cybersecurity and familiarity with the SSL certificate market enabled us to complete the transaction in a timely manner, and its ability to fund a significant portion of the facility also was a value add for Francisco Partners and Comodo.”
Barings is a $299 billion global asset management firm.