Alphabet plans to acquire cybersecurity firm Wiz for US$32 billion, with the deal expected to close in 2026, pending regulatory approval.

Investment firm Insight Partners is projected to earn approximately US$2.7 billion from the sale.

This amount reflects a return of 15.5 times its initial investment, as reported by a source familiar with the transaction.

Insight Partners holds an estimated 8% stake in Wiz through various funds, including its public equities vehicle.