McAfee Corp. announced the completion of its acquisition by an investor group led by Advent International Corporation (“Advent”) and funds advised by Permira, Crosspoint Capital Partners L.P. (“Crosspoint”), Canada Pension Plan Investment Board (“CPP Investments”), GIC Private Limited (“GIC”), and a wholly-owned subsidiary of the Abu Dhabi Investment Authority (“ADIA”) (collectively, “the Investor Group”). As part of the transaction, Bruce Chizen, Senior Advisor at Permira, will become Chairman of McAfee's Board of Directors.

Also joining McAfee's Board of Directors is Greg Clark, Managing Partner at Crosspoint Capital and former CEO of Symantec.