BLACKSTONE takes majority stake in NetBrain Technologies
Context
Blackstone completes a majority investment in NetBrain Technologies to accelerate the international rollout of its network automation platform and expand the integration of artificial intelligence across IT operations. Executed through Blackstone Growth alongside affiliated private funds, the transaction aims to fund ongoing research and development initiatives, scale commercial reach, and address the growing operational requirements within enterprise networking workflows. At the time of the transaction, the target company operated with a debt-free capital structure, substantial cash reserves, sustained operational profitability, and supported over one-third of the Fortune 500 while helping supervise more than ten thousand enterprise networks worldwide. The transaction aligns with the investment sponsor's strategy of deploying expansion capital into enterprise software platforms that combine IT infrastructure visibility, security operations, and workflow automation. Under the terms of the transaction, founder and Chief Executive Officer Lingping Gao continues to lead the company's executive management and ongoing operational strategy. Regarding legal advisory mandates for this transaction, McDermott Will & Emery acted as legal counsel to NetBrain Technologies, while Simpson Thacher & Bartlett LLP provided legal advisory services to Blackstone.
NetBrain Technologies, which reported an EBITDA margin of in 2025, is valued in this transaction at an EV/EBITDA multiple of , a level to compare with the average currently observed in the TMT (Tech, Media, Telecom) sector (14.5x).
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Target
Founded in 2004 by Lingping Gao, NetBrain Technologies centers its activities on network automation and operational IT infrastructure management. The software vendor develops a no-code platform leveraging digital twin technology and intent-based automation to oversee hybrid enterprise networks. Its software dynamically maps data communication pathways, automates recurring operational troubleshooting workflows, and verifies network configuration changes without requiring systematic manual intervention. Marketed through recurring enterprise software licenses and subscription plans, the platform primarily serves network operations, cybersecurity, and enterprise architecture teams within large global corporations and multinational enterprises. The organization distributes its operational technologies across international markets, with a core operational footprint spanning North America and Europe, helping infrastructure departments enhance system reliability across complex multi-vendor hybrid architectures.
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REFERENCES
Valuation range: EV 500M - 1.5b USD
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Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.
Press release: view release
Target: netbrain technologies
Acquirer: blackstone