Why Private Equity Is Now Kicking the Tires on Trend Micro

Trend Micro, the sixth-largest endpoint security vendor, is reportedly attracting interest from private equity firms like Advent International, Bain Capital, EQT AB, and KKR. While Trend Micro’s cloud-native application protection platform business is growing, its endpoint security business is lagging behind competitors like Microsoft and CrowdStrike. A potential private equity exit could be a logical move for Trend Micro, given its slowing growth and changing market dynamics.