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EQT to acquire majority stake in Acronis, a leading cybersecurity and data protection platform

EQT to acquire majority stake in Acronis, a leading cybersecurity and data protection platform

08/07/24, 6:32 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/SE.svgstockholm
https://purecatamphetamine.github.io/country-flag-icons/3x2/CH.svgschaffhausen
Industry
venture capital
financial services
network security
cyber security
information technology
EQT, a global investment organization, will acquire a majority stake in Acronis, a leading IT solutions vendor for Managed Service Providers. The acquisition is aimed at supporting Acronis' strategic expansion and future growth, leveraging EQT's extensive experience in developing and future-proofing businesses.

Company Info

Company
EQT
Location
Stockholm, Stockholms län, Sweden
Company info
The firm has made more than 40 investments in the sector over the past two decades, with around 20 investments during the past five years. In a statement, EQT said the acquisition will be made through EQT Infrastructure V fund, which held its final close at €15.7 billion ($17.8 billion) early this month. EQT said the healthcare sector is aligned with its investment approach.

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