An investor group including Advent International has agreed to take security software company McAfee private for over $14 billion, accounting for the largest public-to-private transaction this year.

As part of the transaction, the investor group will pay $26 per McAfee share in an all-cash transaction, representing a roughly 22.6% premium to McAfee's closing share price Nov. 4. Other firms involved in the takeover include Permira Advisers, Crosspoint Capital Partners, the Canada Pension Plan Investment Board, GIC Private Limited and the Abu Dhabi Investment Authority.

The more than $14 billion deal, which is expected to close in the first half of 2022, is the largest public-to-private deal landed this year, according to PitchBook data. Let's take a look at the top 10 largest public-to-private takeovers of 2021.
Featured image by Andriy Onufriyenko/Getty Images

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