According to Reuters, Eugene Kaspersky will buy back the stake that he sold to GA in January 2011 in a pre-IPO financing deal worth $200m, and retire the shares, after deciding that he wanted the Greenwich, Conecticut-based company to remain private to retain the culture of the company.
Kaspersky Lab is the world’s fourth largest producer of antivirus software, boasting annual revenues of more than $500m. GA reportedly declined to reveal whether or not it had made any money from the exit.
Topper has nearly 30 years of capital markets and investment banking experience. He will be working closely with GA’s portfolio group as well as GA’s portfolio company management teams on specific projects.
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