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Private Equity Firm CBC Capital Partners Invests Undisclosed Amount in Avast

07
Feb
2014

IT security solutions company Avast wants to expand into the United States. Private equity firm CBC Capital Partners is lending it a hand by investing in the firm.

The amount invested has not been disclosed, but Avast says that the investment values the company at $1 billion (735 million).

AVAST is the undisputed global leader in consumer PC antivirus and a pacesetter in mobile security but were not yet number one in every market. CVC give…

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