Darktrace plc proposed to acquire Cado Security Ltd on January 9, 2025. The acquisition is subject to receipt of regulatory approval and is expected to complete in February.

Piper Sandler acted as financial advisor for Darktrace plc. Francesca Storey-Harris, David Higgins, Corey Fox, Bradley Reed, Peter Abbott and Matthew Sinclair-Thomson of Kirkland & Ellis acted as legal advisor for Darktrace plc.