Freshfields has advised EQT as lead investor in ReliaQuest’s $500m funding round. The funding round, which also included existing investors KKR and FTV Capital among others, brings the company’s valuation to $3.4bn. ReliaQuest, a global cyber security leader serving large enterprises, will use the new funding to support the company’s continued growth and innovation in Agentic AI-driven cybersecurity automation, and to support its ongoing international expansion. Learn more about this transaction here.

The Freshfields corporate team was led by partner Andrea Basham and counsel Michal Netanyahu and included associates Byron Patton, Amy Zhan and Esosa Asemota. Partner Lori Goodman and associate Emily Shaw advised on employee benefits and executive compensation matters; partners Christine Lyon and Brock Dahl and associate Jackson Myers advised on data privacy matters; partner Mena Kaplan and associates Daniel Spencer and Jordan Lieberman advised on intellectual property matters; partner Stephanie Brown Cripps and associates Tim Chen and Alice Jeon advised on regulatory matters and partner Claude Stansbury and associate Jessica Berman advised on tax matters.