Zimperium, the mobile security platform purpose-built for enterprise environments announced it will be acquired for approximately $525 million by Liberty Strategic Capital, the private equity firm founded and led by former U.S. Secretary of the Treasury Steven T. Mnuchin.
With this investment, Liberty Strategic Capital will acquire a controlling interest in Zimperium and Secretary Mnuchin will chair the company’s Board of Directors. The investment will enable Zimperium to continue accelerating its growth, both organically and via strategic acquisitions. SoftBank Corp., which has been an investor in Zimperium since 2017, will continue as a minority investor.
