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K1 Sells Interest In Checkmarx For $1.15 Billion

Los Angeles-based private equity investor K1 Investment Management has sold its interest in security software developer Checkmarx, in a deal worth $1.15 billion, the company said on Monday. The company said it sold its interest in Checkmarx to Hellman & Friedman LLC, which was also joined by TPG in the deal. K1 said it will continue to own a minority interest in Checkmarx. Che

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