#1 all-time
Exit · August 2021
Avast
→ NortonLifeLock 🇺🇸
€7.56B≈ CZK 189B
The antivirus that infected a whole country with exit fever.
Avast was sold to NortonLifeLock (USA) in August 2021 for €7.56B (about CZK 189B). It is the biggest exit of a Czech tech company ever. Founded in 1988, it took 33 years to get there. The company was founded by Eduard Kučera, Pavel Baudiš and Ondřej Vlček. It raised €86M from investors and sold for 87.9× that. Investors: CVC Capital Partners.
- Buyer
- NortonLifeLock
- Buyer country
- 🇺🇸 USA
- Founded
- 1988
- Founding to exit
- 33 years
- Founders
- Eduard Kučera, Pavel Baudiš, Ondřej Vlček
- Investors
- CVC Capital Partners
- Raised from investors
- €86M
- Multiple
- 87.9×
- Revenue
- 786 mil. EUR
Converted
2.7 billionbeers
756 millionplates of svíčková
252,000Škoda Octavias
25,200Lamborghinis
21,000Prague flats
189superyachts
50tickets to the Moon