Advent International controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2020
Forescout sues Advent over acquisition agreement
Lawsuit filed
Forescout sued Advent International, alleging that Advent violated the terms of their $1.9 billion acquisition agreement after Advent said it would not proceed with the scheduled closing. The dispute concerns the parties' contractual obligations; the source does not establish a court determination.
Source excerpt
Forescout announced Wednesday that it is suing private equity firm Advent International for allegedly violating the terms of their $1.9 billion acquisition agreement.
Forescout therefore argues in a complaint filed Tuesday with the Delaware Court of Chancery that no material adverse effect has occurred, that all closing conditions are satisfied, and that Advent is obligated to close the transaction.