capital · May 22, 2026
Sophos S&P Global Outlook Revision References Secureworks Acquisition Billings
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S&P Global Ratings revised the outlook for Sophos Intermediate I Ltd. to Negative on or around May 22, 2026. The revision incorporates a forecast for fiscal 2026 that assumes approximately 2% reduction in pro-forma Secureworks Corp. acquisition billings due to macroeconomic volatility. Secureworks was acquired by Sophos in February 2025 for $859 million in an all-cash deal. S&P Global Ratings issued the outlook revision citing the acquisition impact.
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